Can a Chairman of the Board be removed from the chair by
the Managing Director And other Directors of the Company
during the Course of the Board Meeting.
Answers were Sorted based on User's Feedback
Answer / rk
The Chairman of the Board is appointed by the Membes of the
Board and is for presiding over the meeting. Usually the
AoA contains relevant provision for appointment of Chairman
of the Board and he is authorized to chair the General
meetings.
Since the Directors (collectively) are the authority to
appoint the Chairman, they naturally have a right to remove
him, subject to majority approval unless there is a
contrary stipulaiton in the AoA
| Is This Answer Correct ? | 5 Yes | 0 No |
what is surrender of shares?
What is the difference between authorized capital and issued Capital of a private limited company incorporated in Hong Kong
who are the potential share holders?
why your choseing bank of america
i have cleared c.s inter. for the purpose of training i want to know the companies who are providing training of c.s in punjab state.please help me in this.
What is the percentage rate of PF,ESI,PROFESSION TAX,SERVICE TAX,VAT,INCOME TAX in BANGALORE?
What is preferential order of payment to the following in the event of winding up a company? What is the correct order??? 1.Bank loan(secured) 2.Preference share capital 3.Debentures 4.Equity shares
If you have a charitable company, limited by guarantee, and a trading subsidiary, which is also a company, how do you consolidate the accounts?
A prouduct passed through three stage of the production and product for each stage become the raw material for the new stage further raw material on also added at each stage . During the march 2000, 1000 unit of finishied prouduction produced with following expenditure. A B C material 10000 8000 4000 labour 8000 12000 6000 on cost 5000 4000 2000 inculuded expenses amount to 5200 and to be allocated on the bassis of labour main raw material issue to stage A was worth rs 6400\- prepare the procesing cost account with unit each stage and total cost finishied product the final stage.
is cs equivalent to post graduation course?
what is the Journal entry for Salaries outstanding? Giv an example.
27 Answers ACS, Apple, Cognizant, Genpact, HSBC, Infosys,
How many Extra Ordinary General Meetings should be conducted for a financial year