Which of the following statements are true in context of a company under Company Act, 2013? 1. The shareholders of a company can appoint Board of Directors. 2. The Board of Directors is the proper authority to convene Annual General Meeting. 3. The gap between two annual general meetings must not be more than fifteen months.

The correct answer is D. 1, 2 and 3.

• The shareholders of a company can appoint Board of Directors.

This is true as per Section 152 of the Companies Act, 2013. The Board of Directors is constituted by the shareholders of the company in the general meeting.

• The Board of Directors is the proper authority to convene Annual General Meeting.

This is true as per Section 102 of the Companies Act, 2013. The Board of Directors is responsible for convening the Annual General Meeting of the company.

• The gap between two annual general meetings must not be more than fifteen months.

This is true as per Section 102 of the Companies Act, 2013. The gap between two Annual General Meetings of a company must not be more than fifteen months.

Here is a brief explanation of each option:

• Option 1: The shareholders of a company can appoint Board of Directors.

This is true as per Section 152 of the Companies Act, 2013. The Board of Directors is constituted by the shareholders of the company in the general meeting.

• Option 2: The Board of Directors is the proper authority to convene Annual General Meeting.

This is true as per Section 102 of the Companies Act, 2013. The Board of Directors is responsible for convening the Annual General Meeting of the company.

• Option 3: The gap between two annual general meetings must not be more than fifteen months.

This is true as per Section 102 of the Companies Act, 2013. The gap between two Annual General Meetings of a company must not be more than fifteen months.