मराठी

Explain the following Term/Concept: Casual vacancy of a Director.

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प्रश्न

Explain the following Term/Concept:

Casual vacancy of a Director.

टीपा लिहा
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उत्तर

(1) Casual vacancy of a director may arise due to different reasons such as death, permanent or temporary disablement, sickness, and resignation, etc. of a director. The Board of directors has to fill up the casual vacancy by appointing additional or opted directors at the Board meeting.

(2) The appointment of additional or co-opted directors is valid only up to the time of the vacating director’s incomplete term.

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पाठ 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
पाठ 6 Directors and Key Managerial personnel of a company
EXERCISES | Q 2. 7) | पृष्ठ १००

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