alleryStart learning →A director whose post in the holding company ends, per s.167(1)(h), must?
ABecome an extra director
BVacate the directorship
CTurn into nominee
DContinue as before
Answer & Solution
Correct answer: B. Vacate the directorship
Clause (h) vacates the office of a director appointed by virtue of an office that he has ceased to hold.
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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)?