Company Law Board Regulations,1991
5. Vacancy in th office of the Chairman
1[5. Vacancy in th office of the Chairman.-***]
1. Omitted by CLB Amendment Regulations,1995 vide GSR 374 (E), dated 2-5-1995.
“5. Vacancy in th office of the Chairman
If , for any reason, the Chairman is not appointed or a casual vacancy occurs o in the Chairman to the seniormast member of the Board, holding office of menber for the time being, shall discharge the functions of the Chairman unti a person is the Chairman.”