Prince Ltd. desires to appoint an additional director on its Board of directors. The Articles of the company confer upon the Board to exercise the power to appoint such a director. As such M is appointed as an additional director on 12th December, 2017. The Annual General Meeting ought to have been held on 17th August, 2018 but adjourned to 5th October, 2018. Decide the date upto which M can continue as director in Prince Ltd.? - Study24x7
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Finance/CA
40 followers study24x7 08 Apr 2021 01:56 PM study24x7 study24x7

Prince Ltd. desires to appoint an additional director on its Board of directors. The Articles of the company confer upon the Board to exercise the power to appoint such a director. As such M is appointed as an additional director on 12th December, 2017. The Annual General Meeting...

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A

17th August, 2018

B

30th September, 2018

C

5th October, 2018

D

The appointment of additional director is not valid.

MBA/Management CLAT/CE-Law Finance/CA
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