Under section 269, every public company and a private company which is a subsidiary of a public company must have a managing director or a whole time director if its paid-up share capital is.

Related MCQs

• Except with the approval of the central Government, remuneration of a whole time director or a managing director shall not exceed …………… of the net profits for one such director.
• The remuneration payable to a whole time director of the company should not exceed.
• The companies (Amendment) Act , 2000 provides new section 292 A for constitution of audit committees by every public company having a paid- up capital of.
• ……………..is entitled to the management of the whole or substantially the whole of the affairs of the company.
• According to the companies Act, 1956 a Private limited company must have at least ………… directors.
• Converting a public company into a private company requires a special resolution.
• A private company is one which has a minimum paid up capital Rs…….lakhs.
• The minutes of the share holder’s meeting are to be kept at the ……….office of the company and must be open to inspection.
• Table…………..is for memorandum of association of a company limited by guarantee and not having a share capital.
• Table…………..is for memorandum of association of a company limited by guarantee and having a share capital.