Online Updated Classes for CA CS CMA Subjects for Nov 21/May 22 Exams. Enroll Now!! Call: 088803-20003

ICICI

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Change in designation from wholetime director to managing director

This query is : Resolved 

I want to know if a listed company wants to change the designation of its wholetime director to managing director, can company do it by passing a resolution in the Board Meeting or company has to take approval of its shareholders also. kindly convey your expert advise.

Yes, company can pass a resolution in the board meeting and appoint managing director, and to get it approved in the next general meeting.

If a listed company want to change designation of WTD To MD. they have to pass resolution in BM subject to approval of shareholders in GM.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


Similar Resolved Queries

loading





Trending Tags