Tag: company director
ICAI Handbook on Role of Women Directors in Companies As per the statement given in the Govt., Rajya Sabha as on as on 31.03.2017, 25.01% of the directors on the boards of companies were women directors. Section 149 of the Companies Act 2013 provides that every company shall …
Provisions regarding Independent Directors appointment further relaxed by MCA Further relaxations by the Ministry of Corporate Affairs till 1st December 2021 for inclusion of the name of Independent Directors in the Independent Directors Data Bank. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 18th December, 2020 G.S.R. 774(E).—In …
MCA relaxes minimum residency period of at least 182 days by at least one director u/s 149 of the Companies Act, 2013 for FY 2020-2021 General Circular No. 36/2020 File No.2/01/ 2020-CL-VGovernment of IndiaMinistry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan,Dr. R. P. Road, New Delhi-110001. Dated: 20th October, 2020 ToThe …
Further Extension of time for registration of Independent directors in online data bank which may be now in thirteen months MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 28th September, 2020 G.S.R.589(E). In exercise of the powers conferred by section 149 read with section 469 of the Companies …
Proceeding against Company Director for FERA contravention. Necessary ingredients are similar to section 141 of Negotiable Instrument Act – SC ABCAUS Case Law Citation:ABCAUS 3343 (2020) (07) SC Important case law relied upon by the parties:S. M. S. Pharmaceuticals Ltd. Vs. Neeta Bhalla and another, (2005) 8 SCC …
Independent directors online listing time limit further extended. Now registration in online data bank may be done in 10 months MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 23rd June, 2020 G.S.R.396(E). In exercise of the powers conferred by section 149 read with section 469 of the Companies …