Appointmnt of a Additional Director
This query is : Resolved
Shankar Kadiyala
(Querist)
17 December 2010
Can the company be able to appoint a person as a additional director in board meting and whether he Can be appointed as Managing director
Jayashree S Iyer
(Expert)
17 December 2010
Additional director can be appointed as MD. AD holds office only upto date of next AGM. Hence he is to be regularised as a director in the AGM and consequently he will continue as MD.
Message likes :
1 times
udit sharma
(Expert)
17 December 2010
Hi agreed with expert...
1. An Additional Director can be appointed as MD of the Company in the same Board Meeting. First pass a resolution for appointting him as an Additional Director and then pass another resolution for appointing him as MD subject to the approval of the members at the GM of the Company.
2. At the General Meeting first an Ordinary resolution for regularizing the Additional Director has to be passed and then another Resolution for appointing him as Managing Director.
God Bless
Udit Sharma
1. An Additional Director can be appointed as MD of the Company in the same Board Meeting. First pass a resolution for appointting him as an Additional Director and then pass another resolution for appointing him as MD subject to the approval of the members at the GM of the Company.
2. At the General Meeting first an Ordinary resolution for regularizing the Additional Director has to be passed and then another Resolution for appointing him as Managing Director.
God Bless
Udit Sharma
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Capital Gail Exemption Certificate
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Oct 2025 Invoices
- MSME disclosure and disallowance
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
