Appointment of Director in Pvt Ltd Company
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 April 2011
I am the managing director of a family business operating as a private limited company. The second director is my sister. My sister is to be replaced by an outside director. I would like to restrict the powers of the new director so that he operates in a nominal capacity only with no say in management or policy decisions. How can I achieve this?
Sambu Suresh
(Expert)
29 April 2011
By Board Resolution
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