TMI BlogSection 196(3) of Companies Act, 2013 does not interrupt appointment of Managing Director where at date...Section 196(3) of Companies Act, 2013 does not interrupt appointment of Managing Director where at date of such appointment or re-appointment Managing Director was below age of 70 years but crossed that age during his tenure – Word 'continue', therefore, must be read contextually - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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