Section 269 of the companies act

This query is : Resolved 
 


Querist : Anonymous (Querist) 15 February 2012

what will be the consequences if a listed public limted company having paid up capital of Rs. 5 crores and above does not have a MD/WTD/Manager for the period of more than 2 years now.

If company do no wish to appoint any MD/WTD/Manager, if it can do so??


CS Ankur Srivastava (Expert)
15 February 2012

It is a violation of section 269. Eery Public Company having paidup capital of Rs. 5 Cr or more has to mandatorily appoint WTD/ MD.

CS Ankur Srivastava (Expert)
15 February 2012

It is a violation of section 269. Eery Public Company having paidup capital of Rs. 5 Cr or more has to mandatorily appoint WTD/ MD.

CS Ankur Srivastava (Expert)
15 February 2012

It is a violation of section 269. Eery Public Company having paidup capital of Rs. 5 Cr or more has to mandatorily appoint WTD/ MD.



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