As per section 139(8), casual vacancy, other than due to resignation of auditor, shall be filed by BOD within 30 days. I want to know what if not filed within stipulated time.
Ronak Pandya (Final Student) (25 Points)
27 September 2016As per section 139(8), casual vacancy, other than due to resignation of auditor, shall be filed by BOD within 30 days. I want to know what if not filed within stipulated time.
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 29 September 2016
Pl refer Sec.147 for penal provisions.
Ronak Pandya
(Final Student)
(25 Points)
Replied 29 September 2016
I agree with the penal provision but i want to know the authority, who will appoint, in case they failed.
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