CAF-4 · Chapter 18 · Question 1 of 9
What is the statutory requirement regarding the frequency of board meetings for the directors of a public company?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) They must meet at least once in each quarter of a year.
Explanation
The directors of a public company are required to meet at least once in each quarter of a year.
More Directors MCQs
- Q3The board of directors of Sapphire Limited, a listed company, is preparing for its upcoming elections. What is the statutory deadline for…
- Q4Atab is an elected director in a listed company. He recently suffered a severe medical condition and was declared by a competent court to…
- Q5A casual vacancy occurs on the board of a listed company due to the sudden resignation of a director. What is the legal requirement for…
- Q6In a public unlisted company, a resolution is moved in a general meeting to remove an elected director, Farhan. The company has 10 million…
- Q7What is the requirement for a person to be appointed as the Chief Executive Officer of a company regarding their membership?