The need for the Independent Director got awakened due to the need of a strong framework of corporate governance in the functioning of the company. The Act, 2013 makes the role of Independent Director's very different from that of executive directors. The appointment of independent director(s) ...
India - Liability Of Independent Directors Under Companies Act, 2013 Legal News and Analysis - India - Corporate/M&A - Conventus Law
Security configuration of cloud instances is most often an accountability that sits with the company using the cloud, but security engineers are still learning how to secure the cloud. In quite a few companies, there is also a lack of strong central oversight and governance of cloud use. A ...
Section 145 of the Act (hereinafter referred to as "Section 145") provides that every company incorporated in Singapore shall have at least two directors, one of whom shall be ordinarily resident in Singapore (hereinafter referred to as the "resident director"). It further providesthat notwithstan...
Crédit Agricole Securities Asia B.V., a private limited company incorporated under the laws of the Netherlands and becoming a wholly-owned subsidiary of CSI on 31 July 2013 "CLSA" the brand name of the offshore business of the Company "Company" or "CITIC Securities" CITIC Securities Company...
There are a range of tools available under UK legislation designed to rescue businesses and core assets from companies that cannot meet their liabilities. These include pre-packs, company voluntary arrangements, trading administrations, receiverships, liquidations and a range of more informal arrangements...
The fiduciary responsibilities of a director under the Companies Act require the obligation to: The directors should act in good faith and in the best interest of the company This is a subjective norm because what the director himself believes to be in the best interests of the business is imp...
Independent Director represents "outside director" as provided for in Article 2-15 of the Companies Act.Independent Directors have been registered as "Independent Directors" with the Tokyo Stock Exchange, Inc. Executive Officers (46) (as of October 1, 2024) TitleNamePosition President & CEO Kat...
Any person who has not been allotted a Director Identification Number under Section 154 of the companies act, 2013, may not be appointed as a director by a company. According to section 149 of the companies act, 2013, every company must have a board of directors. It should be composed of...
for the role. In appointing a company secretary, the directors shall have a duty to ensure that he or she has the skills necessary to enable him or her to maintain (or procure the maintenance of) the records of the company (other than accounting records) necessary under the Companies Act....