CA Final NotesForAll

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Important Points For Casual Vacancy of Director u/s 161(4) By @Chartered_Mates 📍 Only when vacancy arises for Director appointed in General Meeting, it is called Casual Vacancy 📍 If a Casual Vacancy arises and it is filled by BOD and subsequently again vacancy arises for same director, it's not a casual Vacancy 📍 Filling of Casual Vacancy is not Mandatory, If BOD thinks that Affairs of the Co. Can be managed without filling Casual Vacancy, they may decide not to fill it. 📍 Casual Vacancy shall be filled as per provisions of the articles and if there's no such provision then BOD may fill the vacancy. Thereafter subsequent approval by Members in next General Meeting is also Must. 📍 Director appointed due to Casual Vacancy shall hold office only upto the DATE to which the director in whose place he is appointed would have held office if he had not been vacated. For more Important Notes, Updates & Amendment Notes join our below Channels👇 ╔╦═••°❀•°:🎁 ✠ 🎁:°•❀°••═╦╗ 🙈ℑoin CA Final Notes 👉 @CA_Final_NotesForAll 🙈Get Group wise Notes 👉 @Group1_CA_Final 👉 @Group2_CA_Final ╚╩═••°❀•°:🎁 ✠ 🎁:°•❀°••═╩╝

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"Don’t let what you cannot do interfere with what you can do."- John Wooden Only 34 Day's are Left, give your best shot✍️📃 #CAFinalMay22🏆