Additional Director Role Clarification

Summary

In India, under the Companies Act, 2013, an additional director serves until the next AGM. If not reappointed, they lose their directorship and any managerial roles, including managing director. Relevant sections include Section 161(1) for additional directors and Section 196 for managing directors.

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additional directors remain additonal directos only until the agm, and the additional diector was appointed as managing director but then he lost his post as additonal director , will he sill be managing director
In Karnataka, if an additional director loses his position as additional director, he also loses his position as managing director. The position of managing director is contingent upon his directorship.
- Additional directors hold office only until the next AGM.
- If not reappointed, they cease to be directors.
- Losing directorship means losing any managerial roles.
Do you have any other questions related to this situation?
in india
In India, the rules regarding the position of managing director and additional director are governed by the Companies Act, *. Here are the key points:
- An additional director holds office only until the next annual general meeting (AGM).
- If the additional director is not reappointed at the AGM, they cease to be a director.
- Losing the directorship means losing any managerial roles, including managing director.
Would you like more detailed information on this or have any other questions?
according to companies act
Case Rating: *
According to the Companies Act, * in India:
- An additional director holds office only until the next AGM.
- If not reappointed at the AGM, they cease to be a director.
- Losing directorship means losing any managerial roles, including managing director.
Would you like more detailed information on this or have any other questions?
where in the companies act is it mentioned,
Case Rating: *
According to the Companies Act, * in India, the relevant sections are:
- Section *(*): Deals with the appointment of additional directors.
- Section *: Pertains to the appointment of the managing director.
Would you like more detailed information on these sections?