Question

What is the tenure for which an additional director is appointed under the Companies Act?

Q: Answer-What is the tenure for which an additional director is appointed under the Companies Act?

Section 161. Appointment of additional director, alternate director and nominee director 1 The articles of a company may confer on its Board of Directors the power to appoint any person, other than a person who fails to get appointed as a director in a general meeting, as an additional director at any time who shall hold office up to the date of the next annual general meeting or the last date on which the annual general meeting should have been held, whichever is earlier.

A Up to five consecutive years

B Up to two terms of five consecutive years

C Up to the date of the next annual general meeting or the last date on which the annual general meeting should have been held, whichever is later

D Up to the date of the next annual general meeting or the last date on which the annual general meeting should have been held, whichever is earlier

E Up to the date of the next annual general meeting and the last date on which the annual general meeting should have been held, whichever might be decided by the Board

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What is the tenure for which an additional director is appointed under the Companies Act?

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