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
Nothing is an offence which is done by a child under ……. Of age
No company limited by shares shall, after the commencement of the Companies Act, 2013 issue any preference shares which are __________________
The title of Section 6 of the Central Vigilance Commission Act, 2003 is:
As per Section 8A(1)(b), one of the actions the Commission may take is:
What does the writ of Certiorari mean?
According to Section 6 of the BNSS, 2023, which of the following is not a class of Criminal Court in every State?
A cyber criminal used an intermediate server located outside India to access and modify data in an Indian government agency's computer system. The modi...
According to the Code on Social Security, 2020 Employees’ State Insurance Corporation shall consist of ___________________
Section 8 of the Banking Regulation Act, 1949 prohibits a banking company from doing which of the following?
Facts, not otherwise relevant, are relevant if they________________ opinions of experts, when such opinions are relevant.