Commerce Short Question | Gkseries

Question

Which among the following is not a correct statement with regard to Corporate Governance in India ?

A Every company must appoint an individual or firm as auditor.
B The independent directors must attend at least three meetings a year.
C One or more women directors are recommended for certain classes of companies.
D The maximum number of permissible directors cannot exceed 15 in a public limited company.

Answer & Explanation

Answer:The independent directors must attend at least three meetings a year.