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In case of a casual vacancy of a director in a public company, who has the authority to fill the vacancy?
  • a)
    Shareholders in a general meeting
  • b)
    Board of Directors in a meeting
  • c)
    Registrar of Companies
  • d)
    Auditors of the company
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
In case of a casual vacancy of a director in a public company, who has...
As per Section 161(4) of the Companies Act, 2013, in the case of a public company, the Board of Directors has the authority to fill the casual vacancy of a director.
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In case of a casual vacancy of a director in a public company, who has the authority to fill the vacancy?a)Shareholders in a general meetingb)Board of Directors in a meetingc)Registrar of Companiesd)Auditors of the companyCorrect answer is option 'B'. Can you explain this answer?
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