A person is disqualified from being appointed as a managing director if ___________________.
A
He is insolvent
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B
He is convicted by court
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C
Suspends payment to his creditors
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D
All of the above
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Solution
The correct option is C All of the above
Managing director refers to a person who is appointed by a group of people of he company to lead or supervise a particular department of tthe company. A person is disqualified from being appointed as a managing director if-a) He is insolvent