Multiple Choice Questions on Casual Vacancy of an Independent director shall be filled by BOD not later than hellip hellip hellip........... for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

Casual Vacancy of an Independent director shall be filled by BOD not later than hellip hellip hellip...........

Companies Act-Phase (I & II) Directors - powers and appointment
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    Casual Vacancy of an Independent director shall be filled by BOD not later than ……………..

    Immediate BM

    Incorrect Answer

    3 months

    Incorrect Answer

    Earlier of (a) or (b)

    Incorrect Answer

    Later of (a) or (b)

    Correct Answer
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    Explanation:

    Any vacancy in the office of independent director shall be filled in the very next Board Meeting or within 3 months of such vacancy, whichever is later.

    By: Srishti Gupta
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