wiz-icon
MyQuestionIcon
MyQuestionIcon
4
You visited us 4 times! Enjoying our articles? Unlock Full Access!
Question

The first Director of the company are elected by the _________.

A
share holders
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
promoters
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
employees
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
None of these
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A promoters
Generally, the first directors are named in the articles. In such a case, there is no appointment. The general practice is that the promoters of the company select the first directors and name them in the Articles.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
SEBI Functions
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon