Additional director

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

23 November 2011 As per provisions of section 260 additional directors holds office only up to the date of the next annual general meeting of the company, but if AGM could not be held till 30th September (last date to hold AGM) then whether he cease to be director of the company w.e.f. 30th September or he will continue to hold office till the actual date of AGM.

Charu Srivastava

Charu Srivastava (Expert)
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23 November 2011 An Additional Director holds office only upto the date of the next Annual General Meeting of the Company. If the Annual general Meeting is not held or cannot be held , the person so appointed as additional Directors vacates his office on the last date on which the AGM should have been held.