Question
Managing director will be counted as _____________ while
calculating the maximum limit of managerial remuneration in case of private company.Solution
Companies Act Managing director will be counted as an employee of the company as he manages and acts on behalf of the shareholders of the company. As per Section 197 of the Companies Act, 2013, the total managerial remuneration payable by a private company to its directors, including managing director, whole-time director, and manager, should not exceed 11% of the net profits of the company in that financial year.
As laid down under the Companies Act the instrument creating a charge shall be preserved for a period of _____________ from the date of satisfaction of...
As per the Information Technology Act, 2000 every application for issue of a license shall be accompanied by_____________
Who is responsible for establishing one or more Micro and Small Enterprises Facilitation Councils, and how is this done as per the provisions of MSMED A...
A dying declaration is:
If the positions of President and Vice President are vacant, who among the following officiates as the President of India
A company can invite, accept or renew deposit as per section 73 of the Companies Act if it is a_______________
In which of the following Section of the transfer of Property Act provision for transfer for benefit of unborn person is made?
According to the Insolvency and Bankruptcy Code, which of the following is not considered afinancial creditor?
For a company to accept deposits from public it should be an eligible company. So which companies are referred to as the eligible companies?
Ownership of goodwill of a business is
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