5
Question
The maximum term at a time for appointment of managing director is _________ year.
The maximum term at a time for appointment of managing director is _________ year.
Open in App
Solution
The correct option is B five
The maximum term for the appointment of a director is five year. An independent director can be appointed for a period of consecutive five years. Such directors can be re appointed after passing a special resolution by the board for a period of another five years.
The maximum term for the appointment of a director is five year. An independent director can be appointed for a period of consecutive five years. Such directors can be re appointed after passing a special resolution by the board for a period of another five years.
Suggest Corrections
0
Similar questions
View More
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
