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    Question

    In case the office of any whole-time key managerial

    personnel is vacated, the resulting vacancy shall be filled-up by the Board at a meeting of the Board within a period of_________ from the date of such vacancy
    A Fifteen days Correct Answer Incorrect Answer
    B One-twenty days Correct Answer Incorrect Answer
    C Six months Correct Answer Incorrect Answer
    D One year Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Section 203 Appointment of key managerial personnel- (4) If the office of any wholetime key managerial personnel is vacated, the resulting vacancy shall be filled-up by the Board at a meeting of the Board within a period of six months from the date of such vacancy.

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