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Procedure Companies Act 2013 - Appointment of an Alternate Director

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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.

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Created by rsjlexsys 4 years 5 weeks ago – Made popular 4 years 5 weeks ago
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