Directors

The Directors Register is one of the statutory registers that the company is required to maintain showing details of the directors and secretary. Name, address, occupation, nationality, date of birth and other directorships are recorded.

DIRECTORS - Persons appointed or elected according to law, authorized to manage and direct the affairs of a corporation or company. The whole of the directors collectively form the board of directors.

Board Of Directors
(n) Board of Directors is the persons selected by the shareholder of a body corporate to run the business of the company on behalf of them as per the memorandum and article of the company.

Board of Directors: The directors of a corporation, collectively. The directors of a corporation are its governing board.

Board of Directors definition:
The group of most senior managers, operators and administrators of a corporation or association.

Board Of Directors The policy managers of a corporation or organization elected by the shareholders or members. (See also: director)
Need Legal Help?
Get Informed ...

Annual Meeting of Directors: A meeting held each year to elect officers of a corporation, and to address other corporate matters. Usually follows immediately after an Annual Meeting of Shareholders.

Directors are responsible for making important business decisions - especially those that legally bind the corporation - leaving day-to-day management to officers and employees of the corporation.

The directors of other executive departments and agencies, as well as other senior officials, are invited to attend meetings of the NSC when appropriate.

board of directors
n. the policy managers of a corporation or organization elected b...
boiler room
n. a telephone bank operation in which fast-talking telemarketers...

board of directors often cap B&D : a group of individuals elected by the shareholders of a corporation to manage the corporation's business and appoint its officers ...

BOARD OF DIRECTORS: The group of people elected by a corporation's shareholders to make major business decisions for the company.

Board of directors: A group of people who represent a corporation and run its business.

Shares which are without par value or "non par value shares" are shares which may be sold at whatever price the company's board of directors decides.

Shareholder agreement A contract between the shareholders of the company and the company itself, in which certain things, usually the purview of the board of directors, are detailed.

(See the observations of Kindersley, V.C., in New Brunswick Railway Co. v. Muggeridge, 1860, i Dr. & Sm. 383, and of Lord Herschell in Derry v. Peek, 1889, 14 A. C. 376.) Directors must be perfectly candid with the public; ...

Dividends are declared by the board of directors at the annual general meeting. The shareholders decide the dividend at the meeting, but it must not exceed the directors' recommendation.

How are the directors and officers of a corporation chosen?
What responsibilities does a director, an officer, or a majority shareholder owe to the corporation or to other shareholders? (see: fiduciary duty) ...

A term commonly used to refer to annual meetings of shareholders or directors of a corporation.

In banking corporations these officers are commonly called directors, and the power to conduct the affairs of the company, is vested in a board of directors.

The Regional Directors report to the Executive Associate Commissioner for Field Operations in INS Headquarters, Washington, DC.

Corporations are required to follow appropriate corporate tax laws and create and follow Corporate Bylaws that address the appointment of directors, issuance of stock to shareholders, and required meetings and minutes.

Definition - Noun
: a rule of law that provides corporate immunity to directors of corporations protecting them from liability for the consequences of informed decisions made in good faith
Search Legal Dictionary ...

A contract between the shareholders of the company and the company itself, in which certain things, usually the purview of the board of directors, are detailed.

Mandamus may be used to compel the directors of a corporation to produce the books for inspection in the manner provided by law or to compel a lower court to accept a suit it has illegally refused. Mandamus is an extraordinary remedy; i.e.

officer - Person elected by a corporation's board of directors, or by the manager of a limited liability company, to manage the day ...

(also referred to as a Technology Center or TC) - a unit of several Group Art Units in the mechanical, electrical, chemical or design area, managed by one or more Group Directors. Groups are more properly referred to as Technology Centers, or TCs.

Bankruptcy usually involves the removal of several special legal rights such as the right to sit on a board of directors or, for some professions that form part of the justice systems, to practice, such as lawyers or judges.

See also: Law, State, Person, Corporation, Information