Vacancies etc., not to invalidate proceedings of Board, and Officers and employees of Board (1) No act or proceeding of the Board shall be invalid merely by reason of – (a) any vacancy in, or any defect in the constitution of, the Board; or (b) any defect in the appointment of a person acting as a member of the Board; or […]
Member not to participate in meetings in certain cases Any member, who is a director of a company and who as such director has any direct or indirect pecuniary interest in any matter coming up for consideration at a meeting of the Board, shall, as soon as possible after relevant circumstances have come to his knowledge,
Meetings of Board (1) The Board shall meet at such times and places, and observe such rules of procedure in regard to the transaction of business at its meetings (including quorum at such meetings) as may be determined by regulations. (2) The Chairperson, or if, for any reason, the Chairperson is unable to attend any meeting of the Board, any other member chosen by
Powers of Chairperson ave as otherwise determined by regulations, the Chairperson shall have powers of general superintendence and direction of the affairs of the Board and may also exercise such other powers as may be delegated to him by the Board. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax
Removal of member from office The Central Government may remove a member from office if he- (a) is an undischarged bankrupt as defined under Part III; (b) has become physically or mentally incapable of acting as a member; (c) has been convicted of an offence, which in the opinion of Central Government involves moral turpitude; (d) has,
Constitution of Board. (1) The Board shall consist of the following members who shall be appointed by the Central Government, namely: – (a) a Chairperson; (b) three members from amongst the officers of the Central Government not below the rank of Joint Secretary or equivalent, one each to represent the Ministry of Finance, the Ministry of Corporate Affairs and Ministry
Maternity benefits at the workplace are necessary to ensure job security, protect women’s economic rights and support their maternal duties. In India, the Maternity Benefit Act 1961 provides maternity benefits in the form of maternity leave for all women employees. Maternity leave is a paid leave provided to expecting or pregnant women who can utilise it before and after the delivery of
The TransUnion CIBIL Limited came into existence in August of 2000. Started as the Credit Information Bureau (India) in the financial capital of India, Mumbai, CIBIL was the country’s first Credit Bureau. CIBIL began with consumer operations in 2004 and stepped into commercial credit operations in 2006. By 2011, CIBIL Score was accessible to individual consumers as
Establishment and incorporation of Board. (1) With effect from such date as the Central Government may, by notification, appoint, there shall be established, for the purposes of this Code, a Board by the name of the Insolvency and Bankruptcy Board of India. (2) The Board shall be a body corporate by the name aforesaid, having perpetual succession and a common seal, with
Punishment for certain actions (1) If a bankruptcy trustee, – (a) has fraudulently misapplied, retained or accounted for any money or property comprised in the estate of the bankrupt; or (b) has wilfully acted in a manner that the estate of the bankrupt has suffered any loss in consequence of breach of any duty of the bankruptcy trustee in carrying out his
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