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Regulation 5 - Vacancy in the office of the Chairman. (Omitted) - Company Law Board Regulations, 1991Extract [1] [05. Vacancy in the office of the Chairman. * * *] ------------------ Notes:- [1] Omitted by the Company Law Board (Amendment) Regulations, 1994, w.e.f. 25-7-1994. Prior to omission it read as under: 5. Vacancy in the office of the Chairman. If, for any reason, the Chairman is not appointed or a casual vacancy occurs in the office of the Chairman, the senior-most member of the Board, holding office of member for the time being, shall discharge the functions of the Chairman until a person is appointed as the Chairman.
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