Board of directors
Central Government
Shareholders in general meeting
Registrar of companies
Answer is Right!
Answer is Wrong!
The correct answer is: C. Shareholders in general meeting.
A casual vacancy of a director is filled by the shareholders in general meeting. This is because the shareholders are the owners of the company and they have the right to appoint the directors. The board of directors can only fill a casual vacancy if the shareholders have not appointed a new director within a reasonable time.
The Central Government does not have the power to fill a casual vacancy of a director. The Registrar of Companies is responsible for registering companies and ensuring that they comply with the law, but they do not have the power to appoint directors.
Here is a brief explanation of each option:
- Option A: Board of directors. The board of directors is responsible for the management of the company. They can appoint new directors to fill a casual vacancy, but they must do so within a reasonable time. If they do not appoint a new director within a reasonable time, the shareholders can appoint a new director at a general meeting.
- Option B: Central Government. The Central Government does not have the power to fill a casual vacancy of a director. The Central Government is responsible for the administration of the country, but they do not have the power to interfere in the management of companies.
- Option C: Shareholders in general meeting. The shareholders are the owners of the company. They have the right to appoint the directors and to remove them from office. They can also fill a casual vacancy of a director.
- Option D: Registrar of Companies. The Registrar of Companies is responsible for registering companies and ensuring that they comply with the law. They do not have the power to appoint directors.