Site navigation

Under section 417(1)(d) of the Companies Act, 2013, the President or a Member of the National Company…

Section 417(1)(d) identifies a financial or other interest likely to prejudice the office-holder's functions as a removal ground. The section also prescribes consultation…

Choose your answer

Under section 417(1)(d) of the Companies Act, 2013, the President or a Member of the National Company Law Tribunal may be removed for acquiring which of the following?

Select one answer
Answer and explanation

Correct answer B

Section 417(1)(d) identifies a financial or other interest likely to prejudice the office-holder's functions as a removal ground. The section also prescribes consultation with the Chief Justice of India and the applicable inquiry safeguard. Academic qualifications, seniority and eligibility for another term are not this ground.

Practice for these exams

Related exam syllabi

Related questions in this topic