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Ceo appointment - consultant

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20 December 2012 Whether can CEO be a Consultant? If Yes, what are the legal formalities required ? like whether Board resolution alone sufficient or Power of Attorney is required for Signing powers?

Please Reply with relevent references from Companies Act.
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Ajay Mishra

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Ajay Mishra (Expert)
20 December 2012 Hi


Board Resolution will be sufficient, in which terms and conditions of appointment will be placed before the Board for appointment.
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