Management Notes

Reference Notes for Management

Life Insurance Corporation of India holds twenty five percent of subscribed capital of XYZ Ltd. The appointment of statutory auditor in XYZ Ltd. Would be by__

Life Insurance Corporation of India holds twenty five percent of subscribed capital of XYZ Ltd. The appointment of statutory auditor in XYZ Ltd. Would be by__

Looking for the answer to the question below related to Company Auditor ?

Life Insurance Corporation of India holds twenty five percent of subscribed capital of XYZ Ltd. The appointment of statutory auditor in XYZ Ltd. Would be by__

 Options:

a) ordinary resolution
b) special resolution
c) (a) or (b)
d) none of the above

The Correct Answer Is:

  • b) special resolution

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