answersLogoWhite

0

after the company's first directors have been appointed, it may be necessary to make new appointments either to fill the vacancy when the director vacates office or to increase the size of the board by appointing one or more additional directors. The members of a company appoints a person by ordinary resolution to be a director. Theseus Exploration NL v Mining & Associates Industries Ltd 1973

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

When was John Browne elected to the board of directors of British Petroleum?

In September 1991 Browne was elected to the board of directors of British Petroleum.


Can shareholders be on the board of directors?

Yes, shareholders can be on the board of directors of a company if they are elected by the other shareholders.


How are corporate Directors elected?

The Board of Directors of a corporation are elected by the shareholders with one vote per share.


What is a board of directors?

Board of directors is a group of people who are elected or appointed to an organisation to direct the strategy of the organisation.


How do you get on the board of directors at a bank?

In order to get on the board of directors, you are usually voted in or elected. Some positions come with an automatic seat on the board.


Are the members of the board of directors elected by stockholders?

Yes, they are.


When did Craig Barrett become a board member at Intel?

1992, elected to board of directors


The important decisions are made by a board of directors elected by the stockholders?

false A+


In a partnership the important decisions are made by a board of directors elected by the stockholders?

False


How many directors are on the board for each of the 12 federal reserve banks?

Each of the 12 Reserve Banks is subject to the supervision of a ninemember board of directors (board). Six of the directors are elected by the member banks of the respective Federal Reserve District (District), and three of the directors are appointed by the Board of Governors. Most Reserve Banks have at least one Branch, and each Branch has its own board of directors. A majority of the directors on a Branch board are appointed by the Reserve Bank, and the remaining Branch directors are appointed by the Board of Governors.


How many directors are on the Boards for each of the 12 Federal Reserve Banks?

Each of the 12 Reserve Banks is subject to the supervision of a ninemember board of directors (board). Six of the directors are elected by the member banks of the respective Federal Reserve District (District), and three of the directors are appointed by the Board of Governors. Most Reserve Banks have at least one Branch, and each Branch has its own board of directors. A majority of the directors on a Branch board are appointed by the Reserve Bank, and the remaining Branch directors are appointed by the Board of Governors.


The only way that a shareholder can affect the management of a corporation is to get elected to the corporation's board of directors?

FALSE