Multiple choice

The additional directors in a company appointed by the Board of Directors by passing a resolution, can remain in office

  1. as per the term fixed in their appointment by the board

  2. up to the date of next annual general meeting

  3. for one year at the maximum

  4. for 6 months at the maximum
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Additional Directors are appointed by the Board between the two annual general meetings subject to the provisions of the Articles of Association of a company. Additional Directors shall hold office only up to the date of the next annual general meeting of the company.

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