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Appointment of director

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Querist : Anonymous (Querist)
04 November 2011 In an Indian private Ltd company, what are the rights of a shareholder in appointment of Director?

09 November 2011 Under section 260 board of directors may appoint a person as additional director of the company. Such additional director has to be regularized in the general meeting of shareholders.

So board can appoint a person as director but ultimate key is with the shareholders.

Rgds



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