Explanation: Section 149. Company to have Board of Directors- (1) Every company shall have a Board of Directors consisting of individuals as directors and shall have— (a) a minimum number of three directors in the case of a public company, two directors in the case of a private company, and one director in the case of a One Person Company; and (b) a maximum of fifteen directors: Provided that a company may appoint more than fifteen directors after passing a special resolution.
Amit, Bittu, and Chinky initiated a business venture with investments in the proportions of 8:10:9, respectively. Their shares of the profit were distri...
A, B and C enter into partnership by making investments in the ratio 3: 5: 7. After a year, C invests another Rs 337600 while A withdraws Rs 45600. The...
'Akash', 'Bishnu', and 'Chintu' formed a partnership with investments of Rs. 4800, Rs. 3600, and Rs. 6400, respectively, for durations of 8 months, 1 ye...
P and Q entered into partnership with Rs. 8000 and Rs. 12000 respectively. After 4 months P withdrew `1/4` of his stock but after 4 months more he put b...
Aditi, Bishnu, and Chetna initiated a business with the capital invested by Aditi and Bishnu in a ratio of 9:8. Chetna invested Rs. 800 less than Bishnu...
If a sum of money is to be divided among A, B, C such that A’s share is equal to thrice B’s share and B’s share is 9 times C’s share then their ...
'G' and 'H' started a business by investing Rs. 18,000 and Rs. 24,000, respectively, where 'G' invested for 12 months and 'H' invested for 9 months. If ...
‘A’ and ‘B’ invested Rs. 4800 and Rs. 3600, respectively in a business, together. After 6 months, ‘A’ withdrew 25% of his initial investment...
Rs. 51,000 is divided among three brothers Animesh, Paritosh and Ashutosh in such a way that Animesh’s share is `1(4)/(5)` times of Parito...
J, K and L enter into partnership with capital contributions of Rs 30,000, Rs 45,000 and 25,000 respectively. J is the working partner and he gets 30% o...
