Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Companies Law - Highlights / Catch Notes

Home Highlights January 2018 Year 2018 This

Appointment of managing director, whole-time director or manager ...


Appointment of Directors Over 70 Allowed Under Companies Act, 2013 with Central Government Approval if Votes Favor.

January 20, 2018

Act Rules     Companies Law

Appointment of managing director, whole-time director or manager - a person who has attained the age of seventy years - special resolution even if not passed, votes cast in favour of the motion exceed the votes, if any, cast against the motion, Central Govt. may approve the appointment - Section 196 the Companies Act, 2013

View Source

 


 

You may also like:

  1. Appointment of directors - in addition to Director Identification Number, a director may hold any other identification number prescribed by Central Government under...

  2. Oppression and Mismanagement - Allegations of financial mismanagement and irregularities by the promoters/directors - The High court acknowledged that despite the...

  3. Section 196(3) of Companies Act, 2013 does not interrupt appointment of Managing Director where at date of such appointment or re-appointment Managing Director was below...

  4. Government allowed export benefit to Bhutan in Indian Currency under Central Excise Law.

  5. Companies (Appointment and Qualification of Directors) Second Amendment Rules, 2020 - Notification

  6. Companies (Appointment and Qualification of Directors) Amendment Rules, 2018 - Notification

  7. Directors KYC - e-Form DIR-3 KYC allowed to be submitted on or before 5.10.2018 - Rule 12A of the Companies (Appointment and Qualification of Directors) Rules, 2014

  8. The commission was paid to Managing Director and Director (Operations) as per their terms of appointment as is apparent from Board Resolution - claim of expenditure allowed - AT

  9. Approval of Resolution Plan - provision for the payment of Provident Fund dues not made - After approval of the Resolution Plan under Section 31, the claims as provided...

  10. Liability of nominee directors for offence / non compliance committed prior to their appointment - EPCG Scheme - non-fulfilment of export obligation - at the time when...

  11. Disqualification upon the petitioners for acting as Directors of Companies - Deactivation of DIN - Section 164(2) must be given only prospective operation and the...

  12. Disqualifications for appointment of a Directors - if the default is committed by company A by not filing financial statements or annual returns, the said director of...

  13. Company to have Board of Directors - easier requirements with respect to appointment of resident director. It also seeks to specify limits with respect to pecuniary...

  14. Disallwance u/s 37 - consideration paid without obtaining prior approval of the Central Government in accordance with the provisions of section 297 of the Companies Act,...

  15. Appointment of Additional Director or independent Director - incorrect declaration in the aforesaid Form DIR-12 or not - The subsequent documents along with the...

 

Quick Updates:Latest Updates