01 November 2017
Thanks. But if the company wants to appoint the same director again? How can it be done? Can the Board appoint him again as the Additional Director? or is it that only Members do it in a GM?
03 November 2017
I would like to draw your attention to S/161 (1), ".......other than a person who fails to get appointed as a Director in the GM....."
15 November 2017
According to my interpretation the intention of legislature is to ensure that directors whose appointment is not confirmed by shareholders shall not be eligible for appointment. If appointment of director is not expressly approved i.e disapproved by shareholders then only he is not eligible for reappointment.
CAclubindia
