| Topics |
Headnote |
Judgement |
| COMPANIES ACT, 1956 |
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| COMPANIES ACT, 1956 |
Companies Act — S 2(24) — Manager— Duty & responsibility of — by virtue of his office, has the management of whole or substantially whole of the affairs of the company. (Para 22) |
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| COMPANIES ACT, 1956 |
Companies Act — S 2(26) — Managing Director of a Company — Powers of — The Managing Director has to be entrusted with powers of the management — required to be delegated upon — by an agreement with the company — or by resolution passed by the Board of Director in its general meeting — or by virtue of its memorandum — or article of association. (Para 22) |
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| COMPANIES ACT, 1956 |
Companies Act — S 2(24) & 2(26)— Incharge of company — Determination of — Held, It is not the name by which the person is called — but the position he occupies & the functions and duties which he discharges. (Para 22) |
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