Page 179 - DCOM106_COMPANY_LAW

Company Law

Notes 8. Enumerate the powers which can be exercised by the Board of directors only at its meetings.
9. What do you understand by an office or place of profit held by a director under the
company? In this regard, discuss the restrictions placed by the Companies Act, 1956.

10. State in relation to a public company:
(a) When additional directors can be appointed and for what period?
(b) When an alternate director can be appointed and for what period?
(c) How is the office of a director filled in case of a casual vacancy, and for what period?

(d) When can directors be appointed by the principle of proportional representation
and for what period?

Answers: Self Assessment

1. Section 2 (13) 2. deemed director
3. English Law 4. agency

5. managing partners 6. (d)
7. (a) 8. (c)
9. (b) 10. (a)

11. (d) 12. True
13. False 14. True
15. True 16. True

10.18 Further Readings

Books Aggarwal, Rohini (2003), “Student’s Guide to Mercantile and Commercial Laws,”
Taxmann’s, New Delhi.
Avtar Singh, Company Law, Eastern Publishers.
Begrail, Ashok K, Company Law, Vikas Publishing House, Delhi.
Kapoor, N.D, Company Law, Sultan Chand & Sons, New Delhi.

M.C. Kucchal ( 2002), Business Law, Vikas Publishing House Pvt. Ltd, Delhi.
P.C. Tulsian (2002), Business Law, Tata Mc. Graw Hill Pvt. Ltd, Delhi.
S S. Gulshan, Business Law, Excel Books, New Delhi, 2006.

Online links http://www.indialawinfo.com/bareacts/soga.html
www.en.wikipedia.org
www.webopedia.com

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