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...
Updates
- Jan 21, 2021
- 7 min
Independent Director [section 149 r/w rule 5]
1. Section 149(4) i.e., Independent Director: Every Listed company shall have at least 1/3rd of the total number of directors as...
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- Jan 21, 2021
- 1 min
Resident Director [section 149(3)]
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...
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- Jan 21, 2021
- 1 min
Women Director [section 149 r/w rule 3]
a) Specified IFSC Public Company need not appoint a Women Director b) The rules states that the following class of companies shall...
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- Jan 21, 2021
- 3 min
Disqualification of directors [Section 164]
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...
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