change in position


This query is : Resolved 

(Querist)
28 November 2010 whole Time director of private limited company can be appointed as managing director if his/her age is 76 if yes what is the procedure like a) passing special resolution or some other please mention

udit sharma (Expert)
29 November 2010 In case a Director proposed to be appointed as MD has attained the age of majority but is less than 25 years of age or has attained the age of 70 years, then a Special Resolution is to be passed in the General Meeting for his appointment....

God Bless

Udit

Ajay Mishra (Expert)
29 November 2010 Hi

I think, this age limit is not applicable to private company unless it is subsidiary of public company.

Regards


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