Company

FRAMED RULES UNDER CHAPTER IX OF COMPANIES ACT: 2013

Framed rules under Chapter IX of Companies Act: 2013 Manner of books of account in electronic mode to be kept: The accounts book and maintained other relevant papers and books in electronic mode in India shall remain accessible for subsequent so as to reference. The accounts book and other papers …

share
Director

Rights vested in members to give special notice of resolutions

It is a unique provision in section 190 of the companies act 1956, which gives a right to every member to give special notice to the company of his intention to move the resolution at a general meeting. The condition to be met is that the member shall be competent …

Director

Remuneration to professional directors

The act has fixed that the total remuneration payable to all directors in a company shall not exceed 11% of its net profits computed in the manner laid down in sections 349 and 350 of the act. These provisions do not apply to a private limited company. It has already …

Director

Matters regarding appointment of directors

The board of directors is entrusted with the management and direction of the company to carry out its objects as contained in its memorandum and on the basis of the provisions in the act and in the articles of association. No company can function without a validly constituted board at …