This document consist of draft Board resolution, to appoint additional director, along with Preamble in editable word format making it handy to use and save time and efforts of a professional.
Chapter: XI
Section: 161
Approximate Time Saving: 30 minutes
This document consist of draft Board resolution, to appoint additional director, along with Preamble in editable word format making it handy to use and save time and efforts of a professional.
Section 161
The articles of a company may confer on its Board of Directors the power to appoint any person, other than a person who fails to get appointed as a director in a general meeting, as an additional director at any time who shall hold office up to the date of the next annual general meeting or the last date on which the annual general meeting should have been held, whichever is earlier.
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