Section 161 of CA 2013 : Section 161: Appointment Of Additional Director, Alternate Director And Nominee Director
CA 2013
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Explanation using Example
Imagine a company named "Tech Innovations Ltd." has a Board of Directors consisting of 5 members. One of the directors, Mr. A, is due to go on a sabbatical for six months to another country. The company's Articles of Association allow the Board to appoint alternate directors.
Following Section 161(2) of the Companies Act, 2013, the Board appoints Ms. B as an alternate director to fil...
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