Company law.. related to additional director
This query is : Resolved
23 July 2016
Dear expert,
I have a query regarding the validity of appointment of additional director in a listed company.
Case Facts: D is appointed as additional Director in a listed company 6 months before it forthcoming AGM. after 4 months of its appointment and before 2 months of forthcoming AGM. He resigned from the post of Director, however, after AGM he again appointed as additional director by the board after The AGM. is their appointment is valid as per section 161(1) read with model AOA.
I have a query regarding the validity of appointment of additional director in a listed company.
Case Facts: D is appointed as additional Director in a listed company 6 months before it forthcoming AGM. after 4 months of its appointment and before 2 months of forthcoming AGM. He resigned from the post of Director, however, after AGM he again appointed as additional director by the board after The AGM. is their appointment is valid as per section 161(1) read with model AOA.
23 July 2016
Yes absolutely. This is valid appointment.
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