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