Menu
Alternate Director + Vacation under section 167
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?
Replies (2)
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.
It doesn't matter that the meetings were attended by alternate director in his absence.
Section 167 attracted
Recent Threads
- Which Website is Best For PL-200 Exam?
- Excess Payment on RCM
- AOC4 auto population of previous year data
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
- Query under faceless assessment
- Purchase of business
- Refund of ITC for advance paid to overseas supplie
Related Threads
CAclubindia
