can a shadow director be counted for the Board Quorum?
Answer Posted / 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 |
Post New Answer View All Answers
Occasionally it is said that issuing convertible bonds is better than issuing stock when the firms shares are undervalued. Suppose that the financial manager of Decent Furniture Company does in fact have inside information indicating that the decent stock price is too low. Decent furniture earnings will in fact be higher than investor’s expectations. Suppose further that the inside information cannot be released without giving away a valuable competitive secret. Clearly, selling shares at the present low price would harm Decent’s existing shareholders. Will they also lose if convertible bonds are issued? If they do lose in this case, is the loss more or less than it would be if common stock is issued? Now suppose that investors forecast earnings accurately, but still under value the stock because they overestimate Decent’s actual business risk. Does this change your answer to the questions posed in the preceding paragraph? Explain.
Can anybody tell when sbh dispatches appointment letters for Clerical for people completed medical and scrutiny of documents on 15/08/09?
Treatment of Government grant and its utilization in P
Information regarding shop & establishment registration of propiertor ship & require document for this
Does provisions need to be subtracted from reserves if net worth is calculated on the basis of share capital based method
MY QUESTION IS THAT IS WHEY WE SELL THE UPS IN THE MARKET BUY FROM THE IMPORT WHAT THE DUTY WE WILL FORWARD TO THEM.
STATE & EXPLAIN THE IMPACT OF GLOBAL FINANCIAL CRIS ON CEMENT SECTOR IN INDIA:
what is correct accounting treatment for preliminary exps and pre-operative Expsas per AS 26? or any other applicable AS?
STATE THE DIFFERENCE BETWEEN BANKING FIS AND NON BANKING FIS
How often is the stock market ticker updated? 15sec? 30sec?
what is meant by search report of the company n why is it prepared?
Is form 38 mandatory to issue c form in up. thru online mode
In the case of Internal Reconstruction of company Accrued Int. On debenture / Outstanding int. On debenture transfer or not in capital reduction a/c . Explain
1) What is the steps of delisting the listed company 2) How to spliting the listed company shares 3) Which way the company should function when it has paidup capital is equal or more than 5,00,00,000/- (I mean which way the company should do it work in the company Act 1956. Is the company have to appoint a CS and and managing director of a any other things which is compulsory for these kind of company which paid up capital is 5,00,000/-
what is rate of service tax and form no. of service tax ? wt rules of service tax a particuler once .?