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Major highlights of Union Budget 2012-13


UNION BUDGET 2012-13

For highlights of Union Budget 2012-13
Download the enclosed document by clicking

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Major highlights of Railway Budget 2012-13


 RAILWAY BUDGET 2012-13

For highlights of Railway Budget 2012-13
including the
List of New Trains Announced in the Railway Budget 2012-13
Download the enclosed document by clicking

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Duties Of Directors

Duties of Directors may be categorized as -

  1. General Duties Of the Director

  2. Statutory Duties or the Duties of Directors under the Companies Act

Click on the above Links to see the Categorized duties in details

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Statutory Duties of Directors, i.e, Duties of Directors under the Companies Act

  • To act according to Articles
  • To ensure full and correct disclosure in Prospectus
  • To sign the Prospectus
  • To deliver prospectus to Registrar before issue
  • To keep deposited application money in a Scheduled Bank
  • To file the Return of Allotment
  • To deliver the Share Certificates
  • To pay the amount on shares taken
  • To sign and file Annual Return
  • To prepare and send copy of Statutory Report
  • To call Annual General Meeting
  • To lay accounts before AGM
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General Duties Of Directors

  • Duty of good faith
  • Duty of not delegating the Powers
  • Duty to act with due Care and Diligence
  • Duty to ensure proper usage of Money
  • Duty of not using Corporate Opportunities for Personal Interest
  • Duty of not paying Dividend out of Capital

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