Appointment of managing director

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Chandan Gupta (Querist)
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06 September 2012 Dear Members...

In case of demise of Managing Director of Public company, is there any specific time period in which another Managing Director required to be appointed?

Thanks

Ajay Mishra

Ajay Mishra (Expert)
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06 September 2012 Hi

No, but you should appointed accordingly to comply other provisions of the company. You also check articles of company. The maximum time period is not given any where in Act.

Guest

Guest (Expert)

06 September 2012 Agree with the reply of Ajayji.

Such time period is not given in the Act. However, it should be reasonable.

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