appointing a cfo in a private company
This query is : Resolved
15 May 2009
Can one tell me the procedure to appoint a CFO in a private company? Is it necessary to inform the same to ROC? If yes in which form?
15 May 2009
Hi Deepika,
Appointmnet of CFO in a private company is not a statutory requirement.
But if you want to designate someone as CFO you can do so by simply passing a board resolution. Don’t forget to record the appointment in board meeting minutes.
Since appointmnet of CFO is not a ststutory requirement intimation to ROC is not required.
Best Regards
Appointmnet of CFO in a private company is not a statutory requirement.
But if you want to designate someone as CFO you can do so by simply passing a board resolution. Don’t forget to record the appointment in board meeting minutes.
Since appointmnet of CFO is not a ststutory requirement intimation to ROC is not required.
Best Regards
15 May 2009
The answer above is based on my personal understanding of law. Other professional views solicited.
Regards
Regards
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