Tariq, Jamal and Ali are the only three shareholders of Magic Carpets (Private) Limited (‘MCPL’). They were elected as the directors of MCPL at the annual general meeting held in October 2008. Tariq resigned as director in November 2009. At a recent meeting of the board of directors, Jamal proposed that Qasim should be appointed as a director in place of Tariq for a period of six months. Ali opposed this proposal stating that he thinks that under the law they cannot appoint a replacement director.Required:With reference to the Companies Ordinance, 1984, advise the board of directors on whether Qasim may be appointed as a replacement director of MCPL. (10 marks)
