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
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