After reading this article you will learn about:- 1. Meaning and Definition of Company Meeting 2. Characteristics of a Company Meeting 3. One-Man Meeting 4. Kinds. Meaning and Definition of Company Meeting: The word "meeting" is not defined anywhere in the Companies Act. Ordinarily, a company may be defined as gathering, assembling or coming together of two or more persons [...]
This article will help you to learn about the difference between managing director and whole-time directors of a company. Difference between Managing Director and Whole-Time Director Managing Director Difference - 1. Power: A managing director is director who is entrusted with substantial powers of the management. Difference - 2. Prohibition: Section 197 A of the Act prohibits a company from [...]
A director of a company may be removed in the following ways: 1. Removal by Shareholders 2. Removal by Central Government 3. Removal by Court. 1. Removal by Shareholders (Sec. 284): The shareholders may remove the director before the expiry of term of his office for negligence and fraud. But for that, a special notice must be given to the [...]