This article will help you to learn about the difference between manager and managing director of a company. Difference between Manager and Managing Director Manager 1. Need: A manager may or may not be a director of the company. 2. Power: In case of a manager, Sec. 2 (24) of Act provides that he has the management of the whole [...]
The Companies Act recognises the following three types of resolutions: 1. Ordinary Resolution 2. Special Resolution 3. Resolutions Requiring Special Notice. Type # 1. Ordinary Resolution: An ordinary resolution is that which is passed by a simple majority at any general meeting of the shareholders. The resolution may be passed by a show of hands or by a poll. A [...]
After reading this article you will learn about:- 1. Meaning and Definition of Company Meeting 2. Characteristics of a Company Meeting 3. One-Man Meeting 4. Kinds. Meaning and Definition of Company Meeting: The word "meeting" is not defined anywhere in the Companies Act. Ordinarily, a company may be defined as gathering, assembling or coming together of two or more persons [...]