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Change in designation of additional director

This query is : Resolved 

24 September 2014 A director appointed as additional director in Board Meeting

In General Meeting such director need to be appointed as director and thatperson need to give deposit of Rs. 1,00,000 as security deposit and give notice of as per section 160?

Please clarify.
Thank you in advance.

24 September 2014 Your observation is right. Now please share your doubt.

Additional Director required to be regularised in general meeting u/s 160.

Thanks



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