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Powers of a Liquidator
An administrator, usually denoted as a liquidator, is appointed in the context of liquefaction or…
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Business Law – Winding Up of a Company
Winding up of a company is defined as the condition when the life of the…
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Removal of Directors
The removal of a director before the expiry of his term in the office can…
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Qualifications of Directors
The Companies Act does not provide any qualifications for the directors. However, specific qualifications can…
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Appointment of Directors
The appointment and recruitment of directors is a crucial procedural requirement of a company. In…
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Liabilities under the Companies Act
The following duties and liabilities have been imposed on the directors of companies under the…
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Liabilities of Directors
The liability of directors to the company arises under few circumstances. Breach of Fiduciary Duty …
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General Duties of a Director
A director must fulfils the following general duties − Duty of Good Faith The directors…
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Duties of Directors
Directors are held responsible for the company’s compliance with the law. These duties are normally…
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Meaning and Nature of Company
According to the Companies Act, 1956, “A company is a person, artificial, invisible, intangible, and…