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        Companies Law

        Regulation 5 - Vacancy in the office of the Chairman. (Omitted)

        Company Law Board Regulations, 1991
        Chapter 01

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        Vacancy in the office of the Chairman: senior-most board member assumes Chairman's functions pending appointment. Where the Chairman is not appointed or a casual vacancy occurs, the senior-most member of the Board shall discharge the functions of the Chairman until a person is appointed as Chairman, providing interim succession and continuity of chairing functions.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Vacancy in the office of the Chairman: senior-most board member assumes Chairman's functions pending appointment.

                                Where the Chairman is not appointed or a casual vacancy occurs, the senior-most member of the Board shall discharge the functions of the Chairman until a person is appointed as Chairman, providing interim succession and continuity of chairing functions.


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