As per sec.161(4) BOD can fill the casual vacancy in the office of the director appointed by the co. in GM before the expiry of his term of office. However subsequent vacancy happen again in such office cannot be filled by BOD. But as per (Company news & notes 01.07.1963 issue) it states that, for interest of smooth working of a co., if the casual vacancy is in an office which was filled by election at a GM, then the board may fill the casual vacancy as many times as necessary, I.e. if the original appointment was made by the co. in the GM any subsequent casual vacancy to the office of the director can be filled by the board. which one of the above ans I should write in the exam?
Hi,
Please guide to me.
1. Whats is Common seal??
2. It is Mandatory for LLP???
3.And What content should be consider for making common seal???
Hi,
Please guide to me.
1. Whats is Common seal??
2. It is Mandatory for LLP???
3.And What content should be consider for making common seal???
Dear Experts,
To conven the EGM weather it is
mandatory to issue Notice to all directors if yes Before how many days,
Regds
Ankit bohra
Dear Experts,
One private limited company wants to distribute interim dividend to its shareholders. It just want to distribute 90% of Reserve and Surplus as dividend. Whether it can distribute ?? What other conditions need to be fulfilled ??
Kindly Guid.
Thanks in advance
Dear Experts,
Pls clarify is it mandatory to give the Notice of EGM to all the directors as per CA 2013 . If yes before how many days?
Regds
Ankit bohra
The position of occupier of a factory has fallen vacant.The proposal to appoint a new director as occupier will be placed at the coming board meeting.
The Factories Act,1948 stipulates that in the case of a company ,one of the directors could be appointed as occupier of the factory.
Now the Company desires to know,whether an independent director can be appointed as an "Occupier" of the factory.
Though there is no specific restriction in the Act,can an ID be involved in the day to day affairs of a factory?
Dear Experts,
197 of CA act. 2013 talk about the
Rwmuneration in percentage. Pls clarify weather remuneration to directors can be paid on monthly basis,
Regards
Anshul Gupta
does the appointment of an additional director by passing a board resolution without acquiring DIN is valid? if company has passed such resolution and informed same to the stock exchange where it is listed, what will be the consequences & can be done by co. and such director to prevent those.
A New Company Incorporation is under process. The main business is Real Estate.
Can a Escrow Account be opened in a Bank (Public or Private) in the name of New Company, which is under Incorporation Process.
If Yes, then the amount, as collected in the form of advances, can be kept in the Escrow Account for how much time?
Online GST Course - Master the Fundamentals of GST with Practical Insights
casual vacancy