Section 415 of CA 2013 : Section 415: Acting President And Chairperson Of Tribunal Or Appellate Tribunal
CA 2013
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Explanation using Example
Imagine a company where the current Chairperson has to resign due to personal reasons. According to Section 415 of the Companies Act, 2013, the most senior member on the board will step in and perform the duties of the Chairperson. This arrangement will continue until a new Chairperson is officially appointed and assumes the role.
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