Questions and Answers
What is the minimum number of directors required for a public company as per the Companies Act, 2013?
What is the maximum number of directors a company can have without needing special permission?
A listed company having 90 crores in paid up share capital has 8 directors, all men. Is the company in compliance with the Companies Act, 2013?
Within what time frame can a newly incorporated company appoint a women director when it meets the provisions of the Companies Act, 2013?
Signup and view all the answers
What part of the Board should consist of independent directors in a listed company?
Signup and view all the answers
Miss Anamica is a promoter-director in A&A ltd. Can she become an independent director for A&B ltd, a subsidiary of A&A ltd?
Signup and view all the answers
ABC ltd is a public company having PUSC of 100 crores. Mr. X wants to apply for an independent director position with the company. He transacts with the company on a yearly basis. Which of the following shall NOT be considered a pecuniary relationship thus making him eligible to become an I.D?
Signup and view all the answers
Mr. Z holds 2% of the total voting power of the associate company of ABC ltd. His relative holds 1% in the same associate company. Can Mr. Z be eligible for I.D in ABC ltd?
Signup and view all the answers
Under the Companies Act, 2013, what is the maximum tenure for an independent director?
Signup and view all the answers
Which form is used to submit the details of the resignation of a director to the Registrar?
Signup and view all the answers