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Section 164. Disqualifications for appointment of director: (1) A person shall not be eligible for appointment as a director of a company, if — (a) he is of unsound mind and stands so declared by a competent court; (b) he is an undischarged insolvent; (c) he has applied to be adjudicated as an insolvent and his application is pending; (d) he has been convicted by a court of any offence, whether involving moral turpitude or otherwise, and sentenced in respect thereof to imprisonment for not less than six months and a period of five years has not elapsed from the date of expiry of the sentence: Provided that if a person has been convicted of any offence and sentenced in respect thereof to imprisonment for a period of seven years or more, he shall not be eligible to be appointed as a director in any company; (e) an order disqualifying him for appointment as a director has been passed by a court or Tribunal and the order is in force; (f) he has not paid any calls in respect of any shares of the company held by him, whether alone or jointly with others, and six months have elapsed from the last day fixed for the payment of the call; (g) he has been convicted of the offence dealing with related party transactions under section 188 at any time during the last preceding five years; or (h) he has not complied with sub-section (3) of section 152; (i) he has not complied with the provisions of sub-section (1) of section 165.
A bag contains 20 rupees note, 50 rupees note and 100 rupees note in the ratio 5:7:2. If the total amount in the bag is Rs 2,600, find the average numbe...
A box contains red, blue, and green balls in the ratio of 3:4:5. If there are 60 balls in total, how many blue balls are there?
The ratio of the speed of the stream to the speed of the boat in still water is 3:7. If a distance of 280 km is covered downstream in 4 hours, determine...
Raju and Ramesh started a business with investing capital in the ratio of 9:16. After 5 months, Raju reduced his 1/3 portion of the capital and after 8 ...
A, B And C did certain investments and the ratio of their time periods is 3:2:7 respectively. The ratio of the profit of A, B, and C is 4:3:14 respectiv...
If the SP of book is 5 times of the discount. If percentage discount and percentage profit is equal. Then find the ratio of discount and CP?
Total population of city P and Q is 2720 and 3300 respectively. If the ratio of number of males to females in city is P and Q is 5:3 and 3:2 respectivel...
Ratio of present ages of mother and her son is 24:8 respectively. Father’s present age is 14 years more than that of mother. If the present average ag...
In a mixture of 40 liters, the ratio of milk to water is 5:3. How much milk must be replaced by water so that the new ratio becomes 1:1?
Two vessels, A and B, contain mixtures of milk and water in the ratios 11:9 and 13:37, respectively. The quantities of mixtures in A and B are in the ra...