Can an alternate Director be appointed in place of the Managing Director if he has gone outside India for more than 3 months?
Can an Alternate Director be appointed to represent 3 directors? If so, in case of voting on a resolution at the Board meeting, how many votes does he have?
Can an alternate director be appointed for an independent director? If so, are there any conditions for appointment of a person as an alternate director to an independent director?
Under Companies Act, 2013, the appointment of a nominee director is made in accordance with section 161(3) .
A nominee director is “nominated” by a nominator. The nominator has all the rights with respect to appointment, removal, resignation or cessation and the terms and conditions of appointment form part of a long term agreement or a shareholders’ agreement entered into with the investee company.
My query is an alternate director can be appointed as nominee director?
Whether alternate director vacates office when the original director
joins video conference at a Board meeting even though he does not
return to India.
Whether alternate director vacates office when the original director joins video conference at a Board meeting even though he does not return to India.Click here to view / answer Share it on
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