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What is the primary reason for a director's office to become vacant as per Section 167 of the Companies Act, 2013?
  • a)
    The director is convicted of any offence.
  • b)
    The director has not paid any calls on the shares.
  • c)
    The director has been absent from board meetings for 6 months.
  • d)
    The director is disqualified by an order of the Tribunal.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
What is the primary reason for a director's office to become vacant as...
According to Section 167 of the Companies Act, 2013, a director's office becomes vacant if he absents himself from all the meetings of the Board of Directors held during a period of 12 months with or without seeking leave of absence of the Board. This includes being absent from board meetings for 6 months.
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What is the primary reason for a director's office to become vacant as per Section 167 of the Companies Act, 2013?a)The director is convicted of any offence.b)The director has not paid any calls on the shares.c)The director has been absent from board meetings for 6 months.d)The director is disqualified by an order of the Tribunal.Correct answer is option 'B'. Can you explain this answer?
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What is the primary reason for a director's office to become vacant as per Section 167 of the Companies Act, 2013?a)The director is convicted of any offence.b)The director has not paid any calls on the shares.c)The director has been absent from board meetings for 6 months.d)The director is disqualified by an order of the Tribunal.Correct answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the primary reason for a director's office to become vacant as per Section 167 of the Companies Act, 2013?a)The director is convicted of any offence.b)The director has not paid any calls on the shares.c)The director has been absent from board meetings for 6 months.d)The director is disqualified by an order of the Tribunal.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary reason for a director's office to become vacant as per Section 167 of the Companies Act, 2013?a)The director is convicted of any offence.b)The director has not paid any calls on the shares.c)The director has been absent from board meetings for 6 months.d)The director is disqualified by an order of the Tribunal.Correct answer is option 'B'. Can you explain this answer?.
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