can a shadow director be counted for the Board Quorum?
Answers were Sorted based on User's Feedback
Answer / mahendra rajput
It is confusing section in Companies Law and there is not
any clear provision regards this query. So, It is better to
have provision in Articles of Company to do so.
| Is This Answer Correct ? | 12 Yes | 1 No |
Answer / prakash
shadow director is a director on whose instructn nd directn other director acts.. as he has same responsibility nd duties that of othr director.. as he hold major share in co. hence shadow director shuld be counted for the board quorum
| Is This Answer Correct ? | 3 Yes | 10 No |
What do u meant by Nifty? and how it is calculated?
whether stamp duty paid online through MCA 21 portal is refundable; if it is paid twice
what is nse freefloat capitalization
what is the path of insurance calculation?
which document to be require to registration of Shop & establishment of Propiretor Ship?
hi Please help me for my interview in syntel so please guiad
what are all the things to be checked while consolidation of project/site accounts?
how to start a personal finance company that is not require RBI registration.
what need to b a cs is graduation is necessary?
I am forming a Pvt. Ltd. company with total 4 no. of directors including myself. I'll be providing all the financing via. initial capital investment + operating cost. We have mutually agreed to keep percentage as - 55% myself and 15% each of other 3 (15x3=45%) now my questions are : 1. What if one person backs out at any given point, what are implications and what would happen to his share of percentage ? 2. What should I do to keep a control on decisions and financial matters in case any of the directors cheats/wants to leave? (as my money will be on stake)
What is the percentage rate of PF,ESI,PROFESSION TAX,SERVICE TAX,VAT,INCOME TAX in BANGALORE?
What is preferential order of payment to the following in the event of winding up a company? What is the correct order??? 1.Bank loan(secured) 2.Preference share capital 3.Debentures 4.Equity shares