Recently Parliament has pass-ed Companies Act 2013. What is NOT true with regard to some of the features of the Act?

Question

TuteeHUB · Accepted Answer

isted Companies must have at least 1/3rd independent Directors

TuteeHUB · Answer

n Individual can set up "One person Private Ltd Company"

TuteeHUB · Answer

n independent Director can hold 3 consecutive terms of 3 years

TuteeHUB · Answer

rescribed Companies must have at least 1 woman Director on the Board

1.	Recently Parliament has pass-ed Companies Act 2013. What is NOT true with regard to some of the features of the Act?
A.	n Individual can set up "One person Private Ltd Company"
B.	n independent Director can hold 3 consecutive terms of 3 years
C.	isted Companies must have at least 1/3rd independent Directors
D.	rescribed Companies must have at least 1 woman Director on the Board
Answer» C. isted Companies must have at least 1/3rd independent Directors

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