banner_ad

Alternate Director + Vacation under section 167

Others 244 views 2 replies
User Avatar

26 Points Posted on 09 March 2020
If original director has not attended the board meeting for a continuous period of 12 months but the same meetings were attended by its alternate director, then does the original director still required to vacate the office as per section 167?
0 Reply Share Follow
On 09 March 2020 at 20:03 Report
Replies (2)
User Avatar

Student
22 Points Posted on 10 March 2020
Yes, if the original director is absent from board meetings for a period of 12months with or without seeking leave of absence, it is deemed vacancy u/s 167.
It doesn't matter that the meetings were attended by alternate director in his absence.
Reply
On 10 March 2020 at 00:46
User Avatar

Chartered Accountant
12739 Points Posted on 15 March 2020

Section 167 attracted 

Reply
On 15 March 2020 at 21:58


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details