Share Qualification in case of First Director

Good attempt Arvind but disagree to your views.

Section 270 does not differentiate between director appoint through BM, GM or through AOA as first director. Avoid adopting literal interpretation of the word “appointment” used in section 270(1).

Exempted Directors are:

1. CG Director u/s 408

2. BIFR Director

3. Nominee Director appointed through statutory Acts.

4. Directors who by AOA are not required to hold QS.

Best Regards

Absolutely agreed with Ankur sir

ok....,

Thanks for reply....

so that mean we have to interpret "appointment" as "holding of office of Director"........??

am I right...??/

Yes...If provision for QS is there in AOA than equally applicable to a director appointed through AOA.