Under the Companies Act, 2013, in case of vacancy in office of President or Chairperson due to death,…
Under s.415(1), where the office of President or Chairperson falls vacant by death, resignation or otherwise, the senior-most Member acts as President or Chairperson, not…
Choose your answer
Under the Companies Act, 2013, in case of vacancy in office of President or Chairperson due to death, resignation or otherwise:
Answer and explanation
Correct answer B
Under s.415(1), where the office of President or Chairperson falls vacant by death, resignation or otherwise, the senior-most Member acts as President or Chairperson, not the Central Government, Registrar, or a Judicial Member alone.
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