Q. Membership has basic
qualification for the
office of directorship
of a company; however this does not apply in
certain cases. List down such cases where a person can become a director
without being a member.
Ans:
Directorship of a person without being a member:
Membership is the basic qualification for the office of
directorship of the company. But this qualification does not apply in the case
of following directors:
Nominee of the Government or an institution or an authority
which is a member.
A whole time director who is an employee of the company.
Chief executive
Nominee of a creditor.
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