ALTERNATE DIRECTOR:
Alternate Director is appointed in place of a director who is temporarily unavailable/leave for a period of more than 3 months from INDIA. We can say that an Alternate Director is like a substitute for the original Director. The appointment of alternate director must be authorized by the Articles of the company otherwise we need to alter the Article first.
TERM OF ALTERNATE DIRECTOR
KEY POINTS TO CONSIDER BEFORE APPOINTMENT
For Example: If Mr. Rahul is appointed as an alternate director for Mr. Gaurav then Mr. Rahul cannot be appointed as an alternate director for any other director in the company.
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CS Pooja Jain – Email id: [email protected]
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If alternate director fails to attend Board meeting for 12 month and attract disqualification u/S 164 then original director can also be term as disqualified u/S 164???