Appointment of Managing director in case of private limited
This query is : Resolved
07 September 2009
whether provision in AOA is required to appoint M.D. in case of private limited Company
ARUN KUMAR V
(Expert)
07 September 2009
Managing director can be appointed under any of the following circumstance met
1 Aggrement with the company
2Resolution in general meeting
3Board resolution
4 as per clause in Memmorandom
5 as per clause in AOA
1 Aggrement with the company
2Resolution in general meeting
3Board resolution
4 as per clause in Memmorandom
5 as per clause in AOA
Ankur Garg
(Expert)
07 September 2009
Hi,
provisions related to appointment of MD are governed by section 269 which is not applicable to a pvt. company.
Hence there is no need to appoint MD in pvt. company.
However if u still want to appoint then you may make provisions in your AOA for appointment.
Regards
provisions related to appointment of MD are governed by section 269 which is not applicable to a pvt. company.
Hence there is no need to appoint MD in pvt. company.
However if u still want to appoint then you may make provisions in your AOA for appointment.
Regards
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