Companies Act, 2013

Section 28

Term of office of director

⚡ Quick Answer Reference: Section 28 Companies Act

Provision: Section 28 of Companies Act
Act: Companies Act, 2013
Classification: corporate
Jurisdiction: India

Statutory Content

What does Section 28 of Companies Act say?

The term of office of a director shall be such as may be prescribed. A director shall hold office for such period as may be prescribed. A director may be appointed for a fixed term or for a period of five years, whichever is less. A director who has been appointed for a fixed term shall vacate office on the expiry of such term. A director who has been appointed for a period of five years shall vacate office on the expiry of such period. A director who has been appointed for a fixed term or for a period of five years may be reappointed for a further term of five years.

Indian StandardSection 28, Companies Act, 2013

Bluebook (21st ed.)Companies Act, 2013, § 28 (India)

Court Pleading StandardSection 28 of the Companies Act, 2013

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Source: Gazette of India (Official Publication)Verify egazette.gov.in ↗

Common Questions about Section 28 Companies Act

What is Section 28 of Companies Act?

Section 28 of the Companies Act, 2013 (Companies Act) defines and regulates "Term of office of director". The section states: The term of office of a director shall be such as may be prescribed. A director shall hold office for such period as may be prescribed. A director may be appointed for a fixed term...

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