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CEO

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(Querist)
07 June 2010
If the director of the private company uses the designation of CEO, what are the formalities to be done?
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Ankur Garg

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Ankur Garg (Expert)
07 June 2010 Dear Mamta,

According to me nothing special is required to be done as it is not a statutory position as per company law. Simply pass a board resolution and designate the person as per your wish.

You may also fix his terms of reference/liability through this board resolution.

Also give him a fresh letter from HR point of view describing his terms of appointment etc.

Regards
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