Ceo appointment - consultant

This query is : Resolved 

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.

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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