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THE COMPANIES ACT, 2013 _____ ARRANGEMENT OF SECTIONS Last update-29-7-2022 _____ CHAPTER I PRELIMINARY SECTIONS 1. Short title, extent, commencement and application. 2. Definitions. CHAPTER II INCORPORATION OF COMPANY AND MATTERS INCIDENTAL THERETO 3. Formation of company. 3A. Members severally liable in certain cases. 4. Memorandum. 5.
Jun 3, 2018 · SECTION 152 OF THE COMPANIES ACT, 2013 – APPOINTMENT OF DIRECTOR. An individual who is appointed or elected as the member of the board of Directors of a Company, who, along with the other directors, has the responsibility for determining and implementing the policies of the company.
Jun 27, 2024 · Section 152. Appointment of directors. ( 1) Where no provision is made in the articles of a company for the appointment of the first director, the subscribers to the memorandum who are individuals shall be deemed to be the first directors of the company until the directors are duly appointed and in case of a One Person Company an individual ...
SECTION 152. APPOINTMENT OF DIRECTORS. [ Effective from 1st April, 2014] (1) Where no provision is made in the articles of a company for the appointment of the first director, the subscribers to the memorandum who are individuals shall be deemed to be the first directors of the company until the directors are duly appointed and in case of a One ...
Section 152 in The Companies Act, 2013. 152. Appointment of directors.—. (1) Where no provision is made in the articles of a company for the appointment of the first director, the subscribers to the memorandum who are individuals shall be deemed to be the first directors of the company until the directors are duly appointed and in case of a ...
Section 152 of the Companies Act 2013 is a vital component of India's corporate governance framework. By outlining the criteria and procedures for the appointment, tenure, and responsibilities of directors, it ensures that companies are managed effectively and transparently. Adhering to these regulations not only promotes good governance but also enhances the credibility and sustainability of businesses.
Notified Date of Section: 01/04/2014. 152. (1) Where no provision is made in the articles of a company for the appointment of the first director, the subscribers to the memorandum who are individuals shall be deemed to be the first directors of the company until the directors are duly appointed and in case of a One Person Company an individual ...
Mar 25, 2023 · This article discusses the different positions of the directors, and the appointment of directors under Section 152 of the Companies Act 2013. It also deals with some important rules that companies must follow for appointing directors, along with case laws.
According to section 152 of the Companies Act, 2013: (i) Appointment of directors: (a) Where no provision is made in the articles of a company for the appointment of the first director, the subscribers to the memorandum who are individuals shall be deemed to be the first directors of the company until the directors are duly appointed.
Sep 10, 2023 · Amended and updated notes on section 152 of Companies Act 2013. Detail discussion on provisions and rules related to appointment of directors. Chapter XI (Sections 149 – 172 ) of the Companies Act, 2013 (CA 2013) deals with the provisions related to appointment and qualifications of directors.
