Question
Which of the following is/are the duties of a Director
under the Companies Act, 2013?Solution
Section 166 of the Companies Act lays down the various duties of the Directors of a Company. A director of a company shall Act in good faith in order to promote the objects of the company Exercise duties with due and reasonable care, skill and diligence and shall exercise independent judgment. Not involve in a situation in which he may have a direct or indirect interest that conflicts with the interest of the company. Not achieve any undue gain or advantage either to himself or to his/ her relatives, partners, or associates and if such director is found guilty of making any undue gain, he/ she shall be liable to pay an amount equal to that gain to the company. Not assign his/her office and any assignment so made shall be void.
Consider the following statements regarding Section 43 of the Information Technology Act, 2000:
Statement 1: Section 43 provides civil remedies f...
As per the Trade Unions Act, 1926, what is the minimum number of members required to apply for the registration of a Trade Union?
Under the Right to Information Act, 2005, which section provides for "Exemption from disclosure of information"?Â
An accused person is detained in police custody for investigation of a cognizable offence. After 24 hours, the police officer desires to continue the de...
Court need not frame charges in which case?
Professional communications are now covered under which section of BSA?
Is a settlement agreement reached through community mediation enforceable as a civil court decree under The Mediation Act, 2023?
Every promise and every set of promise forming the consideration for each other is______________
Under Section 4 of the Payment and Settlement Systems Act, 2007, a fintech startup, Company X, intends to launch a peer-to-peer payment platform allowin...
Which section of the Banking Regulation Act, 1949 deals with the provision relating to Act to apply to co-operative societies in certain cases?
Relevant for Exams:
