Section 43Section 43

s. 43

43 (1) The Government may, by notification in the official Gazette, make rules for carrying out the purposes of this Order. (2) In particular, and without prejudice to the generality of the foregoing power, such rules may provide for- (a) the form and manner in which capital of a Corporation may be subscribed; (b) the manner of appointment of a part time Director of the controlling Corporation; (c) the terms and conditions of service of the Chairman and other Directors of the controlling Corporation; (d) the powers, functions and duties of the Chairman and other Directors of a Corporation; (e) the time and place at which meetings of a Board may be held; (f) the manner in which compensation shall be determined and distributed; (g) the form in which the annual report of a Corporation shall be prepared; (h) any other matter which has to be or may be prescribed.