As per the provision of section 211(3) of the Companies Act, 2013, Director of Serious Fraud…
Section 211(3) of the Companies Act, 2013 uses the word 'shall' in prescribing that the Director of the Serious Fraud Investigation Office be an officer not below the rank…
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As per the provision of section 211(3) of the Companies Act, 2013, Director of Serious Fraud Investigation Office, shall be an officer not below the rank of a Joint Secretary to the Government of India having knowledge and experience in dealing with matters relating to corporate affairs. The nature of the provision is
Answer and explanation
Correct answer A
Section 211(3) of the Companies Act, 2013 uses the word 'shall' in prescribing that the Director of the Serious Fraud Investigation Office be an officer not below the rank of Joint Secretary, making the requirement "Mandatory" rather than "Purely directory".
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