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    Question

    The Stakeholders Relationship Committee can be constituted by the Board of which Companies, under the Companies Act, 2013?

    A Any company can constitute, if it so desires Correct Answer Incorrect Answer
    B A company with more than 100 shareholders Correct Answer Incorrect Answer
    C A company with more than 1000 shareholders Correct Answer Incorrect Answer
    D A company with more than 2500 shareholders Correct Answer Incorrect Answer

    Solution

    Under section 174 the Board of Directors of a company which consists of more than one thousand shareholders, debenture-holders, deposit-holders and any other security holders at any time during a financial year shall constitute a Stakeholders Relationship Committee consisting of a chairperson who shall be a non-executive director and such other members as may be decided by the Board.

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