Section 314 of the companies act, 1956

This query is : Resolved

Nivedita Dixit (Querist)
Follow

20 March 2012 The Board of directors of Ujwal Pvt. Ltd. having a paid-up share capital of `1 crore consists
of two directors, one of them, viz., Bimal, possesses membership of the Institute of Company
Secretaries of India. The company desires to appoint him as a Company Secretary also.
Would the provisions of section 314 come into effect ? State the legal position.

The above question was asked in December 2011 exam.

Ajay Mishra

Ajay Mishra (Expert)
Follow

20 March 2012 Hi

Appointment of a person who is a director as a company secretary in the company would fall within the ambit of section 314 and would require the approval of the company by Special Resolution.

Regards

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

CA.Gopal Rathi

S J MITRA

CA Sunny Sharma

Moby Mogli

Vimlesh kumar

Subscribe Now

Section 314 of the companies act, 1956

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Article Assistant

Manager- Finance and Compliance

CA Final

GST CONSULTANCY

GST CONSULTANT

Accountant