if a director for some personal reason leave the company for less than 3 months and in between such period company is an urgency to convene the BOD meeting to transact the business which is done only by physical BOD meeting as per rule 4..
now in that very case company appoint which person as director who should fulfill the want of quorum.. becoz in this situation 161(2) not applicable if company follow 161(1) then such additional director shall hold the office till AGM although the original director join the company before the AGM then will the additional director continue to be till AGM or vacete as on the day when original join the company..??
plzz explain..??
CAclubindia
