“Directors are trustees of the company”. Comment.

The law relating to companies in India is contained in the Companies Act, 1956. The Companies Act, 1956 is a consolidation of existing laws, statutory rules and certain principles laid down in decisions of the Courts in India and England. The Act of 1956 substantially incorporates provisions of the English Companies Act, 1948.

A company means, a company formed and registered under the Companies Act, 1956 or under any of the preceding Acts1. The word company is used to denote an association of persons who have associated together to the conduct or to carry on a business for gain. The persons associating together will contribute some money for the conduct of the business and the amount is known as the share capital of the company. The association will be registered under the Companies Act and thereafter it will be a legal person having an artificial personality.

A company is a legal person who is leaving only in the eyes of law. It’s a creation of law which lacks both body and mind. It cannot act, just like a human being. It can act only through some human agency. Directors are those persons through whom company acts and does business. They are collectively known as Board of Directors.

Section 252 – 323 of the Companies Act, 1956 deal with the appointment of directors, remuneration of directors, disqualification of directors, vacation of office by directors, Meeting of Board of Directors.

Board of Directors is the brain and the only brain of the company which is the body, and the company can does act only through the board of directors. A director is a person who has control over the direction, conduct, management, or superintendence of the affairs of the company. Only an individual can be appointed as a director. An association or a firm cannot be appointed as director of a company.

Position Of Directors
__________ ________ _______ ______ ___ ______ _______ ________ ________ ___ _______.
_____ _____ __________ _________ __________ ____ ____ ______ ___ _____ ______.
_______ ______ _____ ______ ____ __________ _________.
________ ___ ______ ______ _______ _________ _________ _______ ____.
______ ____ _______ ___ _________.
_________ __________ ___ __________ ___ ____.
_____ ____ __________ _________ _________.
________ ______ _________ _____ _____ _____ _________ ______ ______ __________ ___.
________ ________ _____ _________ __________ _____ _________ _______.
________ ___ ______ _____ _______ ____ __________ ____ _________ _______ ______.
______ _________ ______ ___ ___ __________ ____ ____ _________ _______ ______.
__________ _____ ________ __________ ________ ______ ___ _________ ______ ___ ___.
_____ _______ ____ _________ _______ _____ _________ _______ __________ ______ ______ _______.
_________ _______ _____ ___ _____ ______ ________ ___ _______.
____ __________ _______ ______ ______ _________.
______ _________ __________ ___ _________ _____.
___ ______ __________ __________ ______.
_________ ___ ______ ______ _________ ___ ____.
________ _________ _______ ______ ________ ___ _______ ____ ____ ______.
______ ________ _________ ____ _____ ____ _______ ___ _______.
__________ ________ _________ ____ __________ ________.
__________ _________ _______ _______ ____ _____ __________ ________ ______.
__________ ________ _______ ___ _____ _____ ______ _________ _______.
_______ ___ _________ ______ _____ ___ ______ ___ __________ __________ ___.
_______ _______ __________ ________ ______.
_________ _________ _________ _____ ______ __________ _____ __________ ___ _________.
______ ______ __________ ______ __________ ___ _______ ________ _______ _______.
______ ____ ______ ___ __________ _______ _______ _________ ___ ________ ______.
___ __________ _________ ______ ____ __________ _______ ________ _____.
___ ______ ____ _________ _______ ____ ______ _______.
_________ _____ _____ _________ _____.
_____ _____ __________ _______ _______ ________ _______ _____ ______ __________.
__________ ____ ____ _____ ________ ___ _____ _________ __________ ____ ____.
__________ ____ _____ ___ ____ _________ __________.
_____ ______ _____ _____ ____ __________ ___ ________ ________ ______.
_________ _____ _______ ____ ______ ___ ______.
____ _____ _____ _________ ______ _________ ___ ________ ___ ________.
____ _______ _______ _____ _______ ___.
____ ___ _________ __________ _________ _______ __________.
______ ________ _____ ____ _________ ___ ____ ______ _____ ___ _______ ______.
___ _________ ____ ______ _________ ______ ____.
__________ ______ _____ ________ _________ ___.
______ ___ _________ ___ ___ _________.
_________ ___ ___ ______ ____ _______ _______ _______ _____ ___.
__________ _____ ___ ___ _____ _______ ____ ____ ___ ______.
___ _____ ____ _____ _________ _____ __________ ____ ____ ___.
______ ____ _____ _____ ________.
_____ _____ ____ _____ _________ _____.
______ _____ ________ _______ __________ _________.
_________ ________ ______ _______ _______.
__________ __________ _________ ___ _________ ___ __________ _______ _________ _______.
_______ ________ _________ ______ ____.
__________ ________ _____ ______ ________ _________ ____ _______ _________.
________ ________ ____ ____ ___ __________ ________.
_____ ________ ____ __________ ____ ____ ____.
_______ _______ ___ ___ __________ _______ ______.
__________ ________ _____ _____ _____ ______ ________ ___ ________.
_____ _______ ________ _______ ____ __________ ____ _________ __________ _____ __________.
___ __________ ________ _________ ___ ________ ___.
____ ________ __________ ________ ______ __________ _____ _______.
________ _______ _______ _________ _______ _____.
_________ _________ ___ ________ ___ _________ _________ ____ _________ _____.
___ ______ ____ _________ _______ _____ ________ _____ _______ _____ _______.
__________ ____ __________ __________ __________.
______ ________ _________ _______ _________.
_________ ___ ________ __________ _________ ________ _______ _____.
_______ ________ _______ ___ __________ _________ _______ _______.
_______ __________ ____ _____ ______ ___ ______ ____.
_______ ___ ___ ___ _______ ______ __________ ________ _____ _________.
___ ________ ___ _____ _________ ______ _________.
_________ ___ __________ _________ ________ ________ ________.
________ _____ __________ ________ ______ __________ ______ _________ _____ ___.
__________ _________ _______ _______ ____ __________ ___ _______.
_____ __________ ______ ___ __________ _________ __________ _________ ____ ___ _________.
___ ___ _________ __________ _______ _____ ___ _______ ______ __________.
___ _________ ________ ______ ____ _______ ____.
____ __________ ______ ________ ___ _________ __________ _________ ________ __________.
_____ ______ _________ ________ _______ _______ _________ _________ __________ _______ ___.
_________ ___ ____ _____ ___ ______ ______ ______ ______ ______ ___ _________.
_______ _________ _____ _________ __________ ________ ________ __________.
_______ _____ _________ ____ _______ ______ _________ _______.
________ ________ _________ ______ ______ _______.
_________ ___ _______ __________ __________ ___ __________ __________ ______ _____.
______ ____ ___ __________ ___ _______ _________ ______ ______ _____ _________.
________ _______ ___ __________ ________.
___ __________ ______ _______ _____ _________ __________ ___ ________ ____.
____ ________ ___ _______ _________ ___ ____ ______ _____.
__________ _______ _______ ______ _____ _____ _______ ___.
__________ _______ _______ ______ _________ _______ ____ _____ _______.
_________ ______ ____ _____ ___ _________ ____ _____ _________.
________ __________ ___ _______ ________ __________ ____ _____ _____ ________ _______.
___ ___ __________ ____ ________ _____ _________ ____ ________.
________ _________ ________ _______ ____ ______ _________ _____ _____ ____ _______.
____ _________ __________ ___ ___ ____.
_________ ________ _______ ________ _________ _____ _____ _________.
________ ______ ___ ____ _____ _________ ______ _____ ______.
___ _______ ______ _______ ___ ________.
________ ______ ________ _________ _______ __________ ______.
________ _______ _________ ___ __________ _______ __________ ____.
_______ _________ ____ _____ ______ ______ _________.
______ __________ ________ ________ _______ _______ ____ __________ _______.
_______ _________ ______ __________ _________ __________ ________.
____ ______ _______ _________ ___ _________ _____ ____ _________.
_________ ______ ___ _________ _______ _______ ______ _______ _________.
__________ __________ ________ ________ ______ _______ ________ _________ ________ _________.
_______ ______ _________ ________ ___ _____ _____.
____ ______ ________ ________ _____ ____.
_____ ___ __________ _______ ________ ________ ____ _________ __________ _________.
___ __________ _________ __________ ___ __________ _____ ____.
________ __________ ______ _____ _______ ________ _________ ______ _______ ______ ________.
_________ __________ _________ _____ ________ ____ __________ _______ ____ ___ _________ _____.
_______ ______ __________ ________ _________ ____ ____ __________ _____ ___ ____ _____.
_______ ____ ________ ____ __________ ________ ________ __________ _______ ___ ___.
______ ____ _________ _______ _____ _______.
___ ________ ______ _________ ___ ________ ___ ___ ______ _____ ____ ____.
_________ ________ _______ _______ _________ ________ ________ _________ ________ _____ _________ ___.
___ _____ ________ ________ __________ __________ ________.
_____ ___ _________ _____ ___ _________ ________ ________ __________ _______ __________ _________.
_________ _______ ___ ______ ____ _______ ______ ___ _____.
_____ _________ _______ ________ ________ _______ ________ _____.
_____ ___ _____ _____ __________ ______.
_________ _______ __________ ______ _______ _____.
_____ __________ ____ __________ __________ _______ ______ __________.
____ ___ _____ _____ _____ _________ ____ ____ ______ __________ ______.
______ __________ ___ ______ _____ ________ ____ ____ _______ ___ _________.
_________ _____ _________ ___ _______ _______ __________ ______ _____.
_____ ____ _________ _________ _____ _______ _____.
_______ ___ _________ ___ __________ ______ ________ _______ ___.
___ ______ ___ __________ _________ ________ _______ ___ __________.
______ ________ __________ ___ ______ ______ _________ ______ ____ _______ __________.
_________ ____ ____ ___ _________ _______ _________ __________.
____ ________ ___ ______ _____ ____ ____ __________ __________ __________ ________ ___.
_____ ______ ___ ______ _____ ____ ______.
_______ _________ ________ ____ _________ _____ ____ _____ ______.
_______ __________ _______ __________ ___ _____.
___ ______ ___ _____ ____ ___.
__________ _______ ________ ________ ____ ______ ___ _____ ________.
_______ __________ ________ _________ _____ _________ ______ ________ ___ ______.
______ __________ __________ __________ _______ ________ ___ __________ __________ ____ ___.
____ _____ _________ ___ ____ ____.
__________ _________ ____ _________ ______ ______ ___ _____ __________ _____.
___ _________ ___ _________ __________.
_____ ___ _______ ___ ________ ___ _____ _______ _______ ______ ___.
_______ _______ __________ __________ __________ __________ __________ ________ _______.
_____ ___ _____ ______ ________ _________ _______ ___ __________ _______.
__________ ________ __________ ________ __________ ________.
_____ _______ _____ ________ __________ _______ ________.
_______ __________ ___ ___ ___ _____ ____ ____ ________ ____.
___ ______ ________ ___ ___ _____ ___.
_________ ____ ________ __________ _____ _______ ___ _____ _____ ______ ___.
___ ___ ____ _______ ___ _______ _______.
___ ___ _________ _______ __________ _____ ___ _______.
____ __________ _________ ________ _________ _______.
______ ____ ___ ____ _______ _________ ____ _______ ____ ________ _______.
________ ______ ___ __________ ___.
________ __________ _________.
Get Full Answer on WhatsApp