1

B north Motors and Spares Limited, a listed company, has 4500 small shareholders but till date there is no director who can represent them. Accordingly, some of such shareholders have approached the company for appointment of their director on the Board. By choosing the correct option, advise as to minimum how many small shareholders must group together so that they succeed in their objective.

  • A

    Minimum 1000 small shareholders must group together for getting appointed their director on Board.

  • B

    Minimum 900 small shareholders must group together for getting appointed their director on Board.

  • C

    Minimum 450 small shareholders must group together for getting appointed their director on Board.

  • D

    Minimum 235 small shareholders must group together for getting appointed their director on Board.