Appointment of managing director
This query is : Resolved
Chandan Gupta
(Querist)
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
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
(Expert)
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.
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.
Such time period is not given in the Act. However, it should be reasonable.
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