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acharya
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Subject to the articles of a company, the Board may appoint any person as a
director nominated by any institution in pursuance of the provisions of any law for the time
being in force or of any agreement or by the Central Government or the State Government by
virtue of its shareholding in a Government company.
(4) In the case of a public company, if the office of any director appointed by the
company in general meeting is vacated before his term of office expires in the normal course,
the resulting casual vacancy may, in default of and subject to any regulations in the articles
