Updates

Directors – Methods of Appointment

Methods of Appointment of Directors OR Types of Directors 1) First Directors [Section 152] The First Directors are the persons who assume...

Dec 26, 20184 min read

1. Section 149(4) i.e., Independent Director: Every Listed company shall have at least 1/3rd of the total number of directors as...

Dec 26, 20187 min read

a) Every company shall have at least one director who has stayed in India for a total period of not less than 182 days in the previous...

Dec 26, 20181 min read

a) Specified IFSC Public Company need not appoint a Women Director b) The rules states that the following class of companies shall...

Dec 26, 20181 min read

1. A person shall not hold office at the same time as director including any alternate directorship in more than 20 companies 2. A person...

Dec 26, 20182 min read

Section 164(1): A person shall not be capable of being appointed as a director of a company, if: (a) He is of unsound mind and stands so...

Dec 26, 20183 min read