13. You are a Whole Time Director of Choco-chips Private Limited and wishes to appoint Mr. Vanilla Sequera as its Managing Director who has attained the age of 72 years. However, the Board has got to know about the fact that no company shall appoint or continue the employment of any person as Managing Director, Whole-Time Director or Manager who is below the age of twenty-one years or has attained the age of seventy years. You are requested by the board to evaluate the situation and suggest whether he can be appointed as Managing Director?

(a) Yes, he can be appointed as MD by the Board of Directors;

(b) No, he cannot be appointed as MD at all;

(c) Yes, he can be appointed as MD by shareholders through Special Resolution;

(d) Yes, he can be appointed as MD by making an application to the NCLT.


















Ans: (c) Yes, he can be appointed as MD by shareholders through Special Resolution;