Question
If the Articles of the company does not provide for the
appointment of the first director __________ shall be deemed to be the first directors of the company?Solution
Section 152. Appointment of directors- (1) Where no provision is made in the articles of a company for the appointment of the first director, the subscribers to the memorandum who are individuals shall be deemed to be the first directors of the company until the directors are duly appointed and in case of a One Person Company an individual being member shall be deemed to be its first director until the director or directors are duly appointed by the member in accordance with the provisions of this section. Snapshot - Topic covered in Live class of SEBI Legal Course ixamBee Â
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