Appointment of whole-time director
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 February 2013
a person age is 75 years. Can we appoint him as whole-time director on listed company with some remuneration ?
Thanks
Thanks
07 February 2013
Hi
Yes, You can do so, where such appointment is approved by a special resolution passed by the company in general meeting as pper Schedule XIII Part I and no further approval of the Central Government shall be necessary for such appointment.
Yes, You can do so, where such appointment is approved by a special resolution passed by the company in general meeting as pper Schedule XIII Part I and no further approval of the Central Government shall be necessary for such appointment.
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