Business Studies

Board meeting can be held on _________.


Answer & Solution

all of the above


SOLUTION
Board meetings are normally held during business hours and on a day, which is not a public holiday. However, a Board meeting may validly be held on public holiday. Department has clarified vide Letter No. 8/11(285)/63-PR, dated 2-5- 1963 that it would not raise any objection if an original Board meeting is not held on a working day for the convenience of the directors although it states that an original Board Meeting should be held on a working day.  Board meetings can be held during non-business hours also. There is no restriction that only business hours have to be used. A company’s registered office or head office or any other campus can be used to have the meeting, irrespective of the fact whether or not it is within the same city, town, village or state which houses the registered office. Meetings can also take place in another country. Participation of the directors by video conferencing or by other audio visual means shall also be valid.
View Answers

You're just one step away


Single Correct Medium Published on 18th 08, 2020
Next Question
Questions 244558
Subjects 8
Chapters 125
Enrolled Students 300
Enroll Now For FREE

Realted Questions

Q1 Single Correct Medium
The public corporation is suitable for undertakings requiring monopoly powers, e.g., public utilities.
  • A. True
  • B. False
  • C. Partly true
  • D. None of above

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 Single Correct Medium
__________ includes the rules and regulations on which the company's internal affairs are to be done.

  • A. Articles of association
  • B. Memorandum of association
  • C. Prospectus
  • D. All of the above

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Single Correct Medium
A subsidiary of government company is also treated as a ___________. 
  • A. Government Company
  • B. Public Company
  • C. Private Company
  • D. All of the above

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Single Correct Medium
Which of the following is/are advantage of MNC's?
  • A. The activities of MNC's in the host countries may be harmful to the national interests as MNC's are solely guided by the profit maximization.
  • B. MNC's restrict competition and acquire monopoly power in certain areas in the host countries.
  • C. The activities of MNC's in the host countries not harmful to the national interests as MNC's are solely guided by the profit maximization.
  • D. MNC's help the host countries to reduce the imports and promote the exports by raising domestic production.

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 TRUE/FALSE Medium
Success in a joint venture depends on comprehensive research and a detailed analysis of aims and objectives.
  • A. True
  • B. False

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer