Is it necessary that AoA should expressly allow appointing director u/s 262?
Pls revert.
(Continuation of /forum/sec-262-or-260-80586.asp)
Thanks
gk
Is it necessary that AoA should expressly allow appointing director u/s 262?
Pls revert.
(Continuation of /forum/sec-262-or-260-80586.asp)
Thanks
gk
Dear GK,
Kindly observe No express power in the article of association is required for filling a casual vacancy.
However, where the articles provide the manner of filling a casual vacancy, any casual vacancy shall be filled in accordance with the article.
To conclude authorization by articles is not must to fill a Casual Vacancy.
Regards
Shyam Joshi & Associates
Pune
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