https://www.taxtmi.com/circulars?id=10931 A person must remain a director to continue as managing director; cessation of directorship-on expiry of an additional director's interim term or when a principal director returns and displaces an alternate-terminates the managing directorship immediately, notwithstanding prior Central Government approval; re election at the AGM preserves both directorship and the managing directorship for the approved period. en-us Thu, 17 Mar 1977 00:00:00 +0530 Fri, 17 Jun 2011 17:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10931 A person must remain a director to continue as managing director; cessation of directorship-on expiry of an additional director's interim term or when a principal director returns and displaces an alternate-terminates the managing directorship immediately, notwithstanding prior Central Government approval; re election at the AGM preserves both directorship and the managing directorship for the approved period. Circulars Companies Law Thu, 17 Mar 1977 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10931