Company Secretary
1594 Points
Joined December 2010
Yes, part applicability of CA 1956 and part applicability of CA 2013 is extremely confusing.
Appointment and resignation of directors is applicable from today. Section 161 - The articles of a company may confer on its Board of Directors the power to appoint any person, other than a person who fails to get appointed as a director in a general meeting, as an additional director at any time who shall hold office up to the date of the next annual general meeting.
So the additional director appointment requires members approval. What about appointment of regular director ? Is resignation of director remains same as before ??