can a shadow director be counted for the Board Quorum?
Answers were Sorted based on User's Feedback
Answer / mahendra rajput
It is confusing section in Companies Law and there is not
any clear provision regards this query. So, It is better to
have provision in Articles of Company to do so.
| Is This Answer Correct ? | 12 Yes | 1 No |
Answer / prakash
shadow director is a director on whose instructn nd directn other director acts.. as he has same responsibility nd duties that of othr director.. as he hold major share in co. hence shadow director shuld be counted for the board quorum
| Is This Answer Correct ? | 3 Yes | 10 No |
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.
The company has incurred Preliminary expenses. As per old Schedule VI these are to be shown under the head MISCELLANEOUS EXPENDITURE in Assets side of Balance Sheet. Now where to show these expenses under revised Scheduke VI.
What is Holding co.
What is Nominal value of Share?
Two charities are setting up a joint fund raising operation. How do you account for this?
DIFFERENCE BETWEEN EQUITY SHARE CAPITAL & PREFERENCIAL SHAR CAPITAL
What is US GAAP describe..? What is the different between US GAAP and Indian GAAP...?
1 Answers Berger Paints, Wipro,
I want to validate Customer credit payment with customer invoice, When billing time, the system check the customer credit payment, if customer credit is lesser than customer bill, system should not allow the billing further process. Can I configure in sap
What is claim ratio ?
what is procedure to transfer funds between companies registered under sec 25 of the companies act? Is there is possible to get exemption certificate?
1.WHAT IS BRS? 2.WHY DO WE PREPARE BALANCE SHEET? 3.WHAT IS TRIAL BALANCE? 4.WHAT IS VENTURE CAPITAL? 5. WHAT IS DEFFERED REVENUE EXPENDITURE? 6. what is mutualfund? 7. why net profit shown liabilities side in balance sheet?
What are the forms required to be file along with annual return.