- 1 Marks
BCL – L1 – SA – Q63 – Company Directors
Question
The union government can hire such a number of directors in a company as it may think. Essential.
A at its own initiative
B on the request of at least a hundred members of the company
D on the request of members holding at least 10% voting rights
C any of the above
Answer
D
Explanation:
The correct answer is D because the government can appoint directors under various conditions, including at its own initiative, on the request of a specified number of members, or members with sufficient voting rights, depending on the jurisdiction. Options A, B, and D are all valid scenarios, making C (any of the above) the correct choice. Note: The answer document lists D, which seems to be a typo for C, but we follow the provided answer.
- Tags: Company Law, Director Appointment, Government Powers
- Level: Level 1
- Uploader: Samuel Duah