A person cannot hold directorship of more than ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐companies at a time

Related MCQs

• ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ Company may be companies limited by shares companies limited guarantee, unlimited companies.
• ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is compulsory for unlimited companies, private companies limited by guarantee.
• The term whole time director is defined in sec.‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of the Companies Act 1956
• The managing directors hold the ‐‐‐‐‐‐‐‐‐‐‐‐‐ shares of the company.
• See ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of the companies Act, 1956 states that a company means “ a company formed and registered under this Act, or an existing company”
• Statutory companies are those incorporated under a special act passed by ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• Companies limited by ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ are not formed for the purpose of profit but for the promotion of art, science, culture, charity, sports, commerce etc.
• Sec. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of the companies Act deals with the meaning and provisions related to the shelf prospectus.
• Sec. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ of the companies act states that, a public company making an issue of securities shall circulate information memorandum to the public before filling of a prospectus.
• Sec.25 related to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ companies