Web4 Oct 2024 · There are many reasons why shareholders of a company might require a director to step down from their position on the board. If the director is not prepared to … Web168 Resolution to remove director. (1) A company may by ordinary resolution at a meeting remove a director before the expiration of his period of office, notwithstanding anything in any agreement between it and him. (2) Special notice is required of a resolution to remove a director under this section or to appoint somebody instead of a ...
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WebThe company may exercise the powers of paying commissions conferred by the Act. Subject to the provisions of the Act, any such commission may be satisfied by the … WebSection 198, Companies Act 2006. Practical Law coverage of this primary source reference and links to the underlying primary source materials. comfortable down sofas
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WebSection 198 (1) (a) Companies Act 2016 states that – 198 (1) A person shall not hold office as a director of a company or whether directly or indirectly be concerned with or takes part in the management of a company, if the person – (a) is an undischarged bankrupt; Conviction of offences relating to promotion, formation or management of a … WebTable to Compute Net Profit for CSR contribution as per Section 198 of Companies Act, 2013. Contributions made under section 181 ( Bonafide Charitable Trusts ) Capital Loss … Web2 Aug 2014 · Section 198: Calculation of profits. *198. (1) In computing the net profits of a company in any financial year for the purpose of section 197,—. (a) credit shall be given … dr.web livedisk download