📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      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_____________

      A Up to the date of the next annual general meeting Correct Answer Incorrect Answer
      B Till the last date on which the annual general meeting should have been held Correct Answer Incorrect Answer
      C Either (a) or (b) whichever is earlier Correct Answer Incorrect Answer
      D Either (a) or (b) whichever is later Correct Answer Incorrect Answer
      E At the discretion of the Board of Directors Correct Answer Incorrect Answer

      Solution

      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.

      Practice Next
      More Other Laws and Acts Questions

      Relevant for Exams:

      ask-question