Answer the following: (b) Debanand did not attend any Board Meeting of Albatross Refrigeration Limited for 16 months due to a severe medical condition with the permission of the Board. Can Debanand continue to be a direc
CS Executive · Company Law · PYQS · December 2023
Answer the following: (b) Debanand did not attend any Board Meeting of Albatross Refrigeration Limited for 16 months due to a severe medical condition with the permission of the Board. Can Debanand continue to be a director in the company ?
Answer & Explanation:
According to Section 167(1)(b) of the Act, the office of director is vacated when he absents himself from all the meetings of the Board of Directors (BOD) held during the period of 12 months with or without seeking leave of absence from the company. Hence, despite his medical condition, the position of directorship of Debanand in Albatross Refrigeration Limited has become vacant and he cannot continue to be a director of the company.
Topics: Appointment and Qualification of Directors
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