section 5
Power to appoint directors
The Andhra Pradesh Public Sector Undertakings (Reconstruction of Management) Act, 1996General199610 sections
Statutory text
Power to appoint directors.—
- (1) Notwithstanding anything contained in the Articles of Association or Memorandum of Association of any Public Sector Undertaking, the Government may, for the purpose of reconstruction of management, appoint such number of directors as they think fit on the Board of Directors of such Public Sector Undertaking.
- (2) The directors so appointed shall hold office during the pleasure of the Government.
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