https://www.taxtmi.com/manuals?id=417 Directors must be natural persons and obtain qualification shares; statutory disqualifications include unsound mind, insolvency, conviction, unpaid calls and court orders. Auditors must report annually on director disqualification. A statutory cap limits simultaneous directorships with specified exclusions. Appointment occurs via memorandum subscribers, members, board actions, government or third-party nominations, and articles; removal may be by shareholders, government, or tribunal. Directors' remuneration is subject to statutory percentage limits tied to net profits, and holding an office or place of profit by a director or related persons requires prior special-resolution consent and is restricted by remuneration thresholds. en-us Thu, 17 May 2012 11:36:00 +0530 Tue, 22 May 2012 15:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=417 Directors must be natural persons and obtain qualification shares; statutory disqualifications include unsound mind, insolvency, conviction, unpaid calls and court orders. Auditors must report annually on director disqualification. A statutory cap limits simultaneous directorships with specified exclusions. Appointment occurs via memorandum subscribers, members, board actions, government or third-party nominations, and articles; removal may be by shareholders, government, or tribunal. Directors' remuneration is subject to statutory percentage limits tied to net profits, and holding an office or place of profit by a director or related persons requires prior special-resolution consent and is restricted by remuneration thresholds. Manuals Companies Law Thu, 17 May 2012 11:36:00 +0530 https://www.taxtmi.com/manuals?id=417