DIRECTOR

Pvt ltd 477 views 1 replies

Hey friends

can  board of directors appoint a director(not addtional director) without approval of shareholder

Replies (1)

hi

BOD can fill a casual vacancy among directors (sec 262) without approval of shareholders.  Besides this BOD can also appoint an alternate director (sec 313). Moreover if articles of the company provides, then Non-rotational directors can also be appointed by the board for the term determined in general meeting or as provided in the article.


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