Multiple choice

Alternate directors are appointed by the ___________.

  1. Board of Directors

  2. Promoters

  3. Underwriters

  4. Shareholders
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A Correct answer
Explanation

The Board of Directors of a company may, if so authorised by its articles or by a resolution passed by the company in general meeting, appoint a person, not being a person holding any alternate directorship for any other director in the company, to act as an alternate director for a director during his absence for a period of not less than three months.

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