Question
Which of the following is not a type of director that
can be appointed on the Board of a company?Solution
All of the above types of directors can be appointed by a company, if so required and needed by the company, as per the rules mentioned under the Companies Act, 2013. · Independent director means a director other than a managing director or a whole-time director or a nominee director who is person of integrity in opinion of board and possesses relevant expertise and experience and does not have any direct or indirect association with the company. · Nominee director is a director who is appointed on the Board to represent the interest of certain stakeholders like the financial institution or institutional investor or the government. · Executive directors are the ones who are involved in the operations of the company like the managing director or a whole-time director. · A small shareholders’ director can be elected by small shareholders in a listed company to represent their interests on the Board. As per companies law, A listed company, may upon notice by at least 1000 small shareholders or 1/10th of the total number of such shareholders, whichever is lower, have a small shareholders’ director elected by the small shareholders
The theme of National Youth Festival observed on 12th January was:
Which financial institution formed a bancassurance tieup with Edelweiss Life Insurance?
Which is the most famous species of wildlife found in Silent Valley National Park?
____________ was re-appointed as the Prasar Bharati Chairman.
WMA stands for-
Which of the following can be a scheduled bank?
Who was responsible for the construction of the Godavari Dam Construction Railway in 1845?
Arrange the following plans in the ascending order (years first)?
1. Peoples plan
2. Gandhian Plan
3. Sarvodaya plan
4. Bombay plan
Khangchendzonga National Park is located in which Indian state?
Recently norms related to Minimum Alternative Tax (MAT) has been relaxed for companies facing insolvency process. The provision of MAT is in: