Mr Y President of NCLT died due to heart attack during his tenure Thus the vacancy is created in the...........

Companies Act-Phase (I & II) NCLT & NCLAT

Mr. Y, President of NCLT died due to heart attack during his tenure. Thus the vacancy is created in the office of President. The other members are Mr. U, age 59 years and Mr. V, age 62 years. Who shall act as president of NCLT until the date on which a new President enters upon his office?

Mr. U

Mr. V

Nobody

Chief Justice of India

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Explanation:

As per Sec 415(1) any vacancy at the office of chairman or president shall be filled by the senior most member who shall temporarily reside in such office until the new president or chairman is appointed.

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