Procedure for Director Appointment or Addition in a Company Step 1: Reviewing the Articles of Association (AOA) ... Step 2: Resolution at a General Meeting. Step 3: Application for DIN and DSC. Step 4: Obtaining Director's Consent (Form DIR-2) ... Step 5: Issuing the Letter of Appointment. Step 6: Regulatory Filings with the ROC.
In politics, a casual vacancy (casual in the sense of "by chance") is a situation in which a seat in a deliberative assembly becomes vacant during that assembly's term. Casual vacancies may arise through the death, resignation or disqualification of the sitting member, or for other reasons.
Casual Vacancy is when a director's office is vacated before the expiry of his tenure. These vacancies normally occur when. A director dies. A director resigns. A director is disqualified.
The novel is set in a suburban West Country town called Pagford and begins with the death of beloved parish councillor Barry Fairbrother. Consequently, a seat on the council is vacant and a conflict ensues before the election for his successor takes place.
Section 152(2) of the Act provides that Directors can only be appointed by the Company in a general meeting. Section 161(4) provides for filling up of a casual vacancy by the Board of Director.
Procedure for appointment of directors in case of casual vacancy. The procedure for the appointment of directors in cases of casual vacancies is as follows: Obtaining consent and declaration: Obtaining the consent under Form DIR-2, declaration in Form DIR-8 and a disclosure of interest in Form MBP-1.
Conclusion. A casual vacancy occurs when an auditor's office becomes vacant before the normal expiration of their term. This can happen due to various reasons such as death, resignation, disqualification, or removal.
In your case you have to appoint a Director in the casual vacancy created due to death of the Director, within 30 days to strictly complying with the law.
By default, the casual vacancy in the office of a director has to be filled by the Board at a meeting. Prior explicit authorisation is not required for the appointment of a director in a scenario like this.