As laid down under the Banking Regulation Act no banking company shall have in its Board of directors, ______________directors who are directors of companies which among themselves are entitled to exercise voting rights in excess of twenty per cent of the total voting rights of all the shareholders to that banking company.
Section 16. Prohibition of common directors: (1A) No banking company referred to in sub-section (1) shall have in its Board of directors, more than three directors who are directors of companies which among themselves are entitled to exercise voting rights in excess of twenty per cent of the total voting rights of all the shareholders to that banking company.
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They said they would continue to pursue trade liberalisation and regional integration for the befit of their people, including through the Regiona...
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Directions: In each question below, four words printed in bold type are given. These are numbered (A), (B), (C) and (D). One these words printed in bo...
In each question below, four words that are numbered a, b, c, and d have been printed of which one may be wrongly spelt. The number of that word is the ...
In each of the questions below, a sentence is given with four words highlighted in bold in the sentence. Among these bold words, one may be wrongly spe...