Question
As per section 167 of the Companies Act, 2013, the
office of a director shall become vacant in which of the following cases? (a) Disqualified under section 164 (b) Disqualified by a Court or the Tribunal (c)Â Attaining age of 70 (d)Â Absents himself from more than 50%of Board MeetingsSolution
Section 167 lays down that the office of a director shall become vacant in case: a) Incurs any of the disqualifications specified in section 164; b)Â Absents from all the meetings of the Board of Directors held during a period of twelve months with or without seeking leave of absence of the Board; c) Acts in contravention of the provisions of section 184 relating to entering into contracts or arrangements in which he is directly or indirectly interested; d)Â Fails to disclose his/ her interest in any contract or arrangement in which is directly or indirectly interested e)Becomes disqualified by an order of a court or the Tribunal; f) Is convicted by a court of any offence, whether involving moral turpitude or otherwise and sentenced in respect thereof to imprisonment for not less than 6 months; Provided that the office shall be vacated by the director even if he has filed an appeal against the order of such court; g)Â Is removed in pursuance of the provisions of this Act; h) Having been appointed a director by virtue of his/ her holding any office or other employment in the holding, subsidiary or associate company, ceases to hold such office or other employment in that company.
- Two scooters, ‘G’ and ‘H’, started from towns ‘U’ and ‘V’ towards each other at the same time. When they met after 5 hours, scooter ‘H’...
Train P starts from Lucknow to Dehradun at 11:55 am with an average speed of 22.5 m/s. Train Q starts from Dehradun to Lucknow at 1:35 pm with an averag...
Speed of a car and a bus is 30 km/h and 18 km/h, respectively. If the time taken by the car to cover a distance of ‘8x’ km is 1 hour less than time ...
A Bus covers its journey at a speed of 40km/hr in 8 hours. If the same distance is to be covered in 4 hours, then by how much % will be the speed of the...
Two cars, 'A' and 'B,' are heading towards each other on a straight road. Car 'A' is traveling at a speed of 56 km/h, while Car 'B' is moving at 34 km/h...
A diesel truck travelled for 10 hours with a speed of 35 km/h. If the truck travels for 5 km per 1 litre of diesel, then find the quantity of diesel use...
Parag starts chasing a Vipul, 3 hours after the Vipul starts running. Parag takes 4 hours to catch the Vipul. If the average speed of the Parag is 28 km...
Ravi travels the first 40% of a certain distance at a speed of 20 km/h, the next 30% at 10 km/h, and covers the remaining 30% at 12 km/h. Calculate Ravi...
The combined speed of 'Amit' and 'Bhanu' is ________ km/hr. 'Amit' traveled for 5 hours, and 'Bhanu' traveled for ______ hours in such a way that the di...
A man travelled a total distance of 400 km. He travelled first 300 km on car with a speed of 60 km/h and rest of the distance on bike whose speed is 40 ...