Jan 21, 20214 minDirectors – Methods of AppointmentMethods of Appointment of Directors OR Types of Directors 1) First Directors [Section 152] The First Directors are the persons who assume...
Jan 21, 20217 minIndependent 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...
Jan 21, 20211 minResident 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...
Jan 21, 20211 minWomen 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...
Jan 21, 20213 minDisqualification 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...
