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The proportio...

Question

The proportion of directors which shall retire by rotation in a public company is ____________.

A

One-Third

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B

One-Fifth

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C

Half

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D

Two-Third

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Solution

The correct option is D Two-Third
The proportion of directors which shall retire by rotation in a public company is two-third. According to the Companies Act, 2013, at least two-thirds of the total number of directors of a public company shall be persons whose office is liable to retirement by rotation. It is mentioned in the Section 152(6) of Companies Act, 2013.

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