The Companies (Appointment and Qualification of Directors) Third Amendment Rules, 2018

By |2020-12-30T08:05:04+00:00August 25th, 2018|Categories: Company Articles|Tags: , , , |

Introduction to Appointment of Directors The Ministry of Corporate Affairs  (MCA) introduced the Companies( Appointment of Directors) rules in the year 2014 on March 31st.  These rules were implemented in accordance with rules in the Companies Act, 2013 and in the suppression of the Companies Act of 1956. The rules laid down the foundation for defining [...]

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Remuneration of Director as per companies Act 2013

By |2021-07-01T08:39:22+00:00August 24th, 2018|Categories: Company Articles|Tags: , , , , |

Introduction In a company, there can be many types of directors such as Managing Director, Whole-time  Director, Part-time Directors and managers. The remuneration shall be paid all of the directors in accordance with provisions of section 197 of the companies act, 2013. In the old companies act, 1956 there were provisions under chapter 198,309 etc which dealt with Managerial remunerations [...]

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