Appointment of Directors Over 70 Allowed Under Companies Act, 2013 with Central Government Approval if Votes Favor.

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....Appointment of managing director, whole-time director or manager - a person who has attained the age of seventy years - special resolution even if not passed, votes cast in favour of the motion exceed the votes, if any, cast against the motion, Central Govt. may approve the appointment - Section 196 the Companies Act, 2013....