📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    The Board of Directors of a company can appoint

    additional director, as per the provisions of the Companies Act, 2013, if such power is conferred on them by the ______________.
    A Shareholders Correct Answer Incorrect Answer
    B Memorandum of Association Correct Answer Incorrect Answer
    C Articles of Association Correct Answer Incorrect Answer
    D A and B Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    Section 161 - Additional Director- The board of directors can appointadditional directors , if such power is conferred on them by the articles of association . Such additional directors hold office only upto the date of next annual general meeting or the last date on which the annual general meeting should have been held, whichever is earlier. A person who fails to get appointed as a director in a general meeting cannot be appointed as Additional Director.

    Practice Next
    More Accounts Questions

    Relevant for Exams:

    ask-question