Term of an independent director under s.149(10) is up to?
AFive consecutive years
BFour consecutive years
CThree consecutive years
DSeven consecutive years
Answer & Solution
Correct answer: A. Five consecutive years
Section 149(10) allows a term of up to five consecutive years.
Keep practising Appointment and Qualifications of Directors
Browse all Appointment and Qualifications of Directors questions for CA Final, or explore more Law topics.
Related questions
A removed director cannot later be re-appointed by whom (s.169(7))?A resolution to remove a director under s.169 requires what?Which director can the company not remove under s.169(1)?A company removes a director before term end by which resolution (s.169(1))?After resigning, a director stays liable for offences during?A resignation takes effect on which date (s.168(2))?Time to send reasons of resignation to Registrar (s.168(1) proviso)?How does a director resign under s.168(1)?