Question
What restrictions have been imposed by the Companies Act in respect of appointment of directors?
Answer :
Word Count : 305
The Companies Act lays down several restrictions regarding the appointment of directors to ensure proper governance, prevent conflicts of interest, and maintain the credibility of the company’s management. Firstly, the Act prescribes age limits for directors. No individual can be appointed as a director if they are under 18 years of age. Additionally, a person who has attained the age of ________ _______ _________ _____ ___.
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The Companies Act lays down several restrictions regarding the appointment of directors to ensure proper governance, prevent conflicts of interest, and maintain the credibility of the company’s management. Firstly, the Act prescribes age limits for directors. No individual can be appointed as a director if they are under 18 years of age. Additionally, a person who has attained the age of ________ _______ _________ _____ ___.
______ ________ _______ __________ ______ _______.
_____ ________ _________ ____ _______ ___ _______.
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