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The compensation offered to such Independent Directors in the form of "sitting fee" has also been increased from Rs. 20,000 (prescribed by Companies Act, 1956) to a maximum of Rs. 1,00,000/- per meeting. The requirements in Kenya are similar to those in India. (These are to be found in the Companies Act, Cap 486 Laws of Kenya).<George Kinyua, LL.B>
It was created under the authority of section 121.02 of the Ohio Revised Code (ORC) and is administered by the Director of Insurance. Insurance companies operating in the state of Ohio are subject to regulation under Title 39; and depending upon the entity of the organization, Chapters 1751 and 1753 of the ORC. ODI is charge with seeing that ...
A non-executive director (abbreviated to non-exec, NED or NXD), independent director or external director is a member of the board of directors of a corporation, such as a company, cooperative or non-government organization, but not a member of the executive management team.
Significantly, in 2002, the Mutual Fund Directors Forum applied for and received an exemptive order from the SEC allowing the payment by mutual funds, pursuant to the authorization of their boards of directors, of the dues of their independent directors for membership in the Forum, as well as Forum-related expenses; and finding that these ...
The CPA exam fees vary by state but expect to pay an application fee and separate fees for each exam section. It’s a good idea to budget for these expenses early on.
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The Ohio Department of Administrative Services (DAS) is the administrative department of the Ohio state government [1] responsible for such disparate matters as personnel, government procurement, public printing, and facilities, telecommunications and fleet management.
After the governor appoints the potential director, they must be affirmed by the Ohio Senate. [citation needed] No limit nor imposition are placed upon the terms, except in the cases that they may be replaced by the current governor, or they resign their term. In turn, the directors may appoint their own staff. [citation needed]