CHAIRMAN
This query is : Resolved
CA JAYESH RELKAR
(Querist)
23 May 2010
SIR,
IS CHAIRMAN IS POST REMAINS ONLY FOR MEETING OR IT REMAINS AFTER THE MEETING ALSO?
IS CHAIRMAN IS POST REMAINS ONLY FOR MEETING OR IT REMAINS AFTER THE MEETING ALSO?
CA. B.SRINIVASULU
(Expert)
24 May 2010
If he is an elected chairman for a particular meeting at the time of board meeting then his chairmainship is deemed to be ended at the end of the meeting. If he is a regular chairman of the company then it will be continued after the meeting also.
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CS Richa Sharma
(Expert)
24 May 2010
If there is a provision in the Articles of Association of the company then Chairman can hold position for all meetings but in case there is no provision in the AOA of the company,then Board may elect a Chairman of its meeting and determine the period for which he is to hold office[Clause 76(1) table 'A' (Schedule 1 to the Companies Act,1956].
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