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Vacation of office of director under section 167(1)(a) of the Companies Act, 2013

Posted By : Juhee Goyal / Published on : 21-Nov-2022 05:31 AM / View : 585 / Comments : 0

As per the proviso of Section 167(1)(a) of the Companies Act, 2013, a director is liable to vacate the office in all other companies excepting the defaulting company. It means the person will have to continue as director in the defaulting company.

What is the term of director for which he is required to continue the office in this capacity as no specified tenure has provided by the Companies Act, 2013 ?
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Read more on : 1671a companies section under office director vacation

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