1. Introduction and Eligibility
Query: Sir additional directors or subsequent directors main kya difference hi?
Response: Here the meaning is as follows:
1. Additional directors: Adding more directors with company's first directors (who were appointed through document of incorporation.)
2. Subsequent directors: Those who will be appointed after the retirement of first directors.
Query: unlisted company fills casual vacancy?
Response: Yes, all companies can fill casual vacancy and must do so when necessary to maintain minimum number of directors. However, time limit for listed company is mentioned in law and time limit for unlisted company is not mentioned.
2. Election, Nomination and Casual Vacancy
Query: Can you please guide how to calculate number of votes available to nominating body at election of directors after they have nominated one or two directors already in accordance with Section 165(2) of Companies Act, 2017?
Response: Click here
Query: unlisted company fills casual vacancy?
Response: Yes, all companies can fill casual vacancy and must do so when necessary to maintain minimum number of directors. However, time limit for listed company is mentioned in law and time limit for unlisted company is not mentioned.
3. Vacation of Office and Removal
4. Powers and Duties
Query: 18:30 what type of relaxation .
Response: e.g. allowing extra time in appointment of independent director, or allowing to appoint and independent director whose name is not yet included in data bank.
Query: sir apne jo non executive director ke 2 type bataye unme kya difference hai?
Response:Â
1. Independent directors (who are also non-executive directors) Video link:Â https://www.youtube.com/watch?v=2EFxoKtbEFs
2. Other non-executive directors.
Query: 1)a non-executive director elected as chairman but an independent director why is elected? role in the company is part of our syllabus
2)listed company board consist which type of director
Response: 1. Independent directors are essentially outside directors who play an important role in corporate governance. They provide unbiased advice, perspective, and judgment to the board of directors. They’re also responsible for evaluating the strength of their board, especially monitoring conflicts of interest and complying with corporate governance guidelines. While they’re a key part of the company’s board of directors, they bring a unique perspective, mainly because they have no material relationship with the company. IT IS PART OF SYLLABUS of CAF 7, see page 69 of ICAP study text (definition heading).
2. The complete requirements are part of Listed Companies (Code of Corporate Governance) Regulations, 2019 (NOT PART OF SYLLABUS OF CAF 7). It includes executive directors, non-executive directors, independent directors, female directors, etc.
5. Proceedings
6. Restrictions, Prohibitions and Limitations
7. Objective Based Q&A