Shadow Director.

This query is : Resolved 

01 January 2010 Who is a Shadow director
Meaning of the abovementioned with the examples

Under which section, caselaws or act it is said that the Were it is said that the Indian evidence act is not applicable to the income tax act, 1961 & income tax rules, 1962 to interpretated the evidence of the documents.


02 January 2010 Shadow Director is a person who is not formally appointed as a director, but in accordance with whose directions or instructions the directors of a company are accustomed to act. However, a person is not a shadow director merely because the directors act on advice given by him in a professional capacity.
This concept is from The Companies Bill,2008.

02 January 2010 PLEASE SIR GIVE MORE DETAILED INFORMATION ON THIS.
THANK U


02 January 2010 Shadow Director is the person on whose directions the board of directors is accustomed to act , Accustomed to Act does not means one time acting on his direction , it means continous working on the direction given by such person , also person giving proffesional advice is not a shadow director



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