हिंदी

Explain the following Term/Concept: Alternate Director.

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प्रश्न

Explain the following Term/Concept:

Alternate Director.

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उत्तर

(1) A director who may act in place of another is called the alternate director. He is appointed or nominated by the Board to act in the place of the existing director who is absent or sick and unable to attend his normal duties or office. The appointment of an alternate director cannot be less than 3 months.

(2) The Board of Directors of the company may appoint alternate directors in the place of an existing director who is going out of the state and Board meeting cannot be postponed till his arrival. His appointment is valid until the existing director return to the state.

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Key Managerial Personnel (KMP)
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अध्याय 6: Directors and Key Managerial personnel of a company - EXERCISES [पृष्ठ १००]

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बालभारती Secretarial Practice [English] Standard 11 Maharashtra State Board
अध्याय 6 Directors and Key Managerial personnel of a company
EXERCISES | Q 2. 6) | पृष्ठ १००

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