Delete Advanced Field into the Director Designation Agreement and eSign it in minutes

Aug 6th, 2022
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How to Delete Advanced Field into the Director Designation Agreement

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hello and welcome to another video in this one were going to talk about atomic removal or replacement of a directory um and you know why why you might need this or want this i did a video about atomicity so i wont re-explain that ill link that in the description check that out but anyway lets jump into it okay so for this example were going to set up a directory were going to start by doing deletion first because this is much easier to explain than replacement uh so first were going to set up a directory maker foo and were going to touch you know food bar and maybe were going to do make their food slash baz and touch food wow i dont know we have you know a tree of files here now you might imagine that deleting a directory with rmrf foo is going to do it all at once and it kind of looks like that however the way rmrf works is it recurses downwards and finds the leaflets first and deletes those and then deletes this then deletes this and then deletes this so at any point in tim

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Designated Director means a person designated by the Board of Directors to ensure over all compliance with the obligations imposed under The Prevention of Money Laundering Act, 2002 and the Rules framed there under, as amended from time to time, and include the Managing Director or a Whole‐time Director duly authorized
A company can intimate changes among Managing Director, Directors, Manager and Secretary of a company by filing eForm DIR-12 with Registrar of Companies (ROC) within 30 days (Event date + 30 days) from the date when such change takes place.
A director or the entire board may be removed (aka recalled) from office under a number of circumstances. The removal may be performed by the board, the membership, or a court of law. Removal of a director is distinct from the resignation of a director.
Following Procedure is to be followed [Section 196 and 203] Meeting of Nomination and Remuneration Committee. Convene a Meeting of Board of Directors [As per Section 173 Secretarial Standard-1 (SS-1)] File Form MGT-14 with ROC. Making Necessary entries in Register of Directors.
The term director is a title given to the senior management staff of businesses and other large organizations.
Regularization of Additional Director The designation of Additional Director shall be changed to Director after the regularization upon filing an application with the registrar. The term of additional director is till the upcoming Annual General Meeting (AGM).

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