Appointment of managing director, whole-time director or manager ...
Appointment of Directors Over 70 Allowed Under Companies Act, 2013 with Central Government Approval if Votes Favor.
January 20, 2018
Act Rules Companies Law
Appointment of managing director, whole-time director or manager - a person who has attained the age of seventy years - special resolution even if not passed, votes cast in favour of the motion exceed the votes, if any, cast against the motion, Central Govt. may approve the appointment - Section 196 the Companies Act, 2013
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