Appointment of an Alternate Director - Companies Act 2013

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  1. RSJ Lexsys

    RSJ Lexsys New Member

    Text of the provision of Section 161(2)of Companies Act, 2013:The Board of Directors of a company may, if so authorized by its articles or by a resolution passed by the company in general meeting, appoint a person, not being a person holding any alternate directorship for any other director in the company, to act as an alternate director for a director during his absence for a period of not less than 3 months from India.

    The following procedure is to be followed for Appointment of an Alternate Director :-
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