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Answer This As Soon As Possible (ix) Which of the following statements is correct with regard to the roles and responsibilities of the Chairman of

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Answer This As Soon As Possible

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(ix) Which of the following statements is correct with regard to the roles and responsibilities of the Chairman of the board of directors of a company? (a) The roles and responsibilities shall be clearly mentioned in the articles of association (b) The roles and responsibilities shall be clearly defined in the memorandum of association (c) The roles and responsibilities shall be clearly mentioned in his contract of appointment (d) The roles and responsibilities shall be clearly defined by the board (x) The board of Grapes Limited (GL) has approved a loan for one of its associated undertakings. In order to seek approval for the said loan, a notice of extraordinary general meeting is to be sent to all the members. While reviewing the register of members, it was noted that 10,000 shares are jointly held by Zaid, Rohan and Khalid. In this regard, which of the following statements is correct? (a) The notice shall be given by GL to all the three joint shareholders (b) The notice shall be given by GL to any two of the joint shareholders (c) The notice may be given by GL to the joint holder named first in the register in this respect (d) The notice may be given by GL to any one of the joint shareholders

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