company law
This query is : Resolved
29 April 2009
what is the difference between a director and a deemed director?
29 April 2009
as per section 7 deemed director is a person in accordance with whose directions or instructions the board of directors of a company is accustomed to act, by reason only that the board acts on advice given by him in a professional capacity.
The person is not an actual director(like other director ), however he is deemed to be a director only to impose restriction and prohibition on him.
A deemed director may an individual, a body corporate or other entity.
Deemed Director is called shadow director under English law
The person is not an actual director(like other director ), however he is deemed to be a director only to impose restriction and prohibition on him.
A deemed director may an individual, a body corporate or other entity.
Deemed Director is called shadow director under English law
29 April 2009
A deemed director is a director who is not appt as a dir by BOD, but he is dir acting from behind the scene.
In English Companies Act, he is called a "shadow director."
As per the explanation to sub-section (1) of section 303 if the board of directors of a company is accustomed to act in accordance with the directions or instructions of a person, he is deemed director of a company.
In English Companies Act, he is called a "shadow director."
As per the explanation to sub-section (1) of section 303 if the board of directors of a company is accustomed to act in accordance with the directions or instructions of a person, he is deemed director of a company.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS on Consultancy- Non DTAA
- Reopen of assessment proceeding
- Depreciation of fixed assets- coop housing society in mumbai
- Is any professional CA is here please reply
- Management System (IMS)
- EPF FULL & FINAL RULES IN 2026
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- Foreign lottery ticket bought online from India: legality, tax and consequences
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Putting a heading on received mail
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
