Regularisation of Additional Director
All companies. An Additional Director appointed under Section 161(1) must be regularised by the shareholders at the next AGM, failing which the appointment lapses automatically.
Every seat on your board comes with its own paperwork. Section 161(1) governs exactly how this plays out. Concretely: passed at the AGM following the Additional Director's appointment, converting them to a regular director appointed by members. With Fi CTC Generator, this is a 3-minute task, not a 30-minute Word-template hunt.
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