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Companies Act, 2013

Section 62

Vacation of office of director

Quick Answer Reference: Section 62 Companies Act

  • Provision: Section 62 of Companies Act
  • Act: Companies Act, 2013
  • Classification: corporate
  • Jurisdiction: India
Statutory Content

What does Section 62 of Companies Act say?

A director shall vacate office if he incurs any of the disqualifications specified in section 164. A director shall vacate office if he is required to do so by a special resolution passed at a general meeting of the company. A director shall vacate office if he is removed from office by the company in general meeting. A director shall vacate office if he is required to do so by the Central Government. A director shall vacate office if he is required to do so by the Tribunal. A director shall vacate office if he is required to do so by the company in accordance with the articles. A director shall vacate office if he ceases to be a director by virtue of any order made under the Companies Act, 1956. A director shall vacate office if he is required to do so by any other law for the time being in force. A director shall vacate office if he is required to do so by the company in accordance with the articles. A director shall vacate office if he is required to do so by the company in general meeting. A director shall vacate office if he is required to do so by the Central Government. A director shall vacate office if he is required to do so by the Tribunal. A director shall vacate office if he is required to do so by the company in accordance with the articles. A director shall vacate office if he ceases to be a director by virtue of any order made under the Companies Act, 1956. A director shall vacate office if he is required to do so by any other law for the time being in force.

Indian StandardSection 62, Companies Act, 2013
Bluebook (21st ed.)Companies Act, 2013, § 62 (India)
Court Pleading StandardSection 62 of the Companies Act, 2013
Canonical Web linkhttps://nyaya.cloud/acts/companies-act-2013/62

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Source: Gazette of India (Official Publication)Verify egazette.gov.in ↗
People Also Ask (PAA)

Common Questions about Section 62 Companies Act

What is Section 62 of Companies Act?

Section 62 of the Companies Act, 2013 (Companies Act) defines and regulates "Vacation of office of director". The section states: A director shall vacate office if he incurs any of the disqualifications specified in section 164. A director shall vacate office if he is required to do so by a special resolution...

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