[Solved] Which of the following is not true-

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Q.	Which of the following is not true-
A.	a meeting of the board of directors must be held at least once in every 3 months.
B.	nobody corporate, association or firm can be appointed director of a company.
C.	the nominal value of qualification shares should not exceed rs.5000.
D.	directors are always liable for any misstatement in a prospectus.
Answer» D. directors are always liable for any misstatement in a prospectus.

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