Advertise With Us

    Definition of "Professional Capacity"

    Posted By : Shiriti / Published on : 18-Apr-2018 01:29 AM / View : 3729 / Comment : 1

    Print button
    In reference to : Promoter means a person- (a) Who has been named as such in a prospectus or is identified by the company in the Annual Return referred to in Section 92; Or (b) Who has control over the affairs of the company, directly or indirectly whether as a shareholder, director or otherwise; Or (c) In accordance with whose advice, directions or instructions the Board of Directors of the Company is accustomed to act: Provided that nothing in sub-clause (c) shall apply to a person who is acting merely in a professional capacity Professional Capacity: Not defined in the Act Please anyone guide how we can define the term Professional Capacity?
    Read more on : capacity professional definition

    • loinse bekean

      To determine if someone is acting in a professional capacity, one would look at the nature of their fnf relationship with the fnf game company. If the individual is engaged by the company to provide specific professional services or advice and is not involved in controlling the company's affairs, they can be considered to be acting in a professional capacity.

      02-08-2023 / 02:22:04 AM
      Reply
    Please Select File:



Other Queries from Shiriti
Like us on Facebook
Compliance Calendar LLP
Follow Us on Twitter

We are always here to help you. Don’t hesitate to contact us anytime!

+91-9988424211 or ask@compliancecalendar.in