AI Drafter - (New and Powerful) 
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter. 
TaxTMI 
TaxTMI 
Home / 
Amendments to Companies Act, 2013: Simplified Resident Director Rules and New Limits on Director Pecuniary Relationships.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Company to have Board of Directors - easier requirements with respect to appointment of resident director. It also seeks to specify limits with respect to pecuniary relationship of a director with respect to eligibility of a director to be appointed as an independent director. It also seeks to specify the scope of restriction on pecuniary relationship entered into by a relative - Section 149 of the Companies Act, 2013....