Multiple choice

The ‘fit and proper’ criterion is used by companies

  1. while conducting the shareholders’ meeting

  2. while appointing directors

  3. while appointing the managing director

  4. passing resolutions by the board members
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

This criterion is used by the nomination committee before an appointment of a person as director or after a person is appointed as director on continuing basis.

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