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DIRECTORS OF A COMPANY. — SPCC STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceSPCCDIRECTORS OF A COMPANY.3 Marks
Question
How can a managing director be appointed ?
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Answer

A small shareholder holds the shares of the nominal value of not more than Rs. 20,000 or such higher sum as may be prescribed.

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