Since any director can be appointed as a managing or wholetime director, an additional director being a director, there should be no objection to the
appointment of an additional director as a managing or wholetime director. However, the
tenure of an additional director is limited to the holding of the annual general meeting (AGM) and if the company at the AGM does not re-appoint him as a
director, he will automatically vacate his office as managing or wholetime director
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