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Appointment of managing director

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Priya (Querist)
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13 May 2015 can a Managing Director be directly appointed in AGM without any Board Approval, if so what's the procedure for the same.

Arpit Shah (Expert)
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13 May 2015 https://taxguru.in/company-law/appointment-remuneration-managerial-personnel-companies-act-2013.html

Arpit Shah (Expert)
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13 May 2015 https://taxguru.in/company-law/procedure-appointment-md-private-limited-company.html

CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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14 May 2015 The appointment of a managing director and the terms and conditions of appointment
and remuneration payable must be first approved by the Board of directors at a meeting and then by an ordinary resolution passed at a general meeting of the company.

Priya (Querist)
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14 May 2015 thanks for the reply.

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