Multiple Choice Questions on Shareholders of PQR Ltd seek to appoint Small Shareholder rsquo s Director What is the eligibility c........... for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

Shareholders of PQR Ltd seek to appoint Small Shareholder rsquo s Director What is the eligibility c...........

Companies Act-Phase (I & II) Directors - powers and appointment
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    Shareholders of PQR Ltd. seek to appoint Small Shareholder’s Director. What is the eligibility criterion of these shareholders’ to apply?

    Holding shares of ≤ Rs. 20,000 Paid-up value

    Incorrect Answer

    Holding shares of ≤ Rs. 20,000 Market value

    Incorrect Answer

    Holding shares of ≤ Rs.20,000 face value

    Correct Answer

    None of the above

    Incorrect Answer
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    Explanation:

    Small shareholder means a shareholder holding shares of  face value of not more than Rs. 20,000/- (Rupees Twenty Thousand Only) or such other sum as may be prescribed.

    By: Srishti Gupta
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