Question

43. The statutory report shall be certified as correct by not less..........
... directors?
(A) 1
(B) 2
(C) 3
(D) 4​

Answer 1

Answer:

2

Explanation:

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Answer 2

Answer:

Answer is B) 2

Explanation:

According to Section 165 (4), the statutory report must be certified as correct by not less than two directors; one of whom shall be the managing director, if any. The auditors of the company would then certify it as correct regarding the shares allotted, cash received in respect of such shares and the receipts and payments of the company.