Life Insurance Corporation of India holds twenty five percent of subsc – McqOptions

MCQOPTIONS

1.	Life Insurance Corporation of India holds twenty five percent of subscribed capital of XYZ Ltd. The appointment of statutory auditor in XYZ Ltd. Would be by…………………..
A.	ordinary resolution.
B.	special resolution.
C.	(a) or (b).
D.	none of the above.
Answer» C. (a) or (b).

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