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Experts on Insolvency & Bankruptcy Code
  • Company law

    by Chirag on Tuesday, May 14, 2019 at 03:50 PM

    Dear Sir, Can General meeting of the company appoint alternate director or else GM will authorise the Board to appoint alternate director ?? Pls clarify 2)As per Sec 152(6), 2/3rd of Total No. of Board of Director will be Director liable to retire by Rotation. Query- This limit will be checked on AGM date or on beginning of each year ?? 3) If AOA of the company is silent on any matter, then provisions of Table F will automatically apply on that matter ??

    Replied byV. S. Datey Wednesday, May 15, 2019 at 09:00 AM

    1. GM cannot usurp powers of Board - as all residuary powers are with Board - GM can exercise only thosse powers given to them 2. no specific provision - but that has to be always throughout the year 3. yes V S Datey

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