New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    An Alternate Director can be appointed in place of a

    director who has been absent for a period of not less than ______ from India.
    A 3 months Correct Answer Incorrect Answer
    B 6 months Correct Answer Incorrect Answer
    C 9 months Correct Answer Incorrect Answer
    D 12 months Correct Answer Incorrect Answer
    E 15 months Correct Answer Incorrect Answer

    Solution

    Section 161(2) - The Board of Directors of a company may, if so authorised by its articles or by a resolution passed by the company in general meeting, appoint a person, not being a person holding any alternate directorship for any other director in the company or holding directorship in the same company, to act as an alternate director for a director during his absence for a period of not less than three months from India.

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