Cmpanies Act, 1956
This query is : Resolved
sachin sinha
(Querist)
25 June 2010
Dear Freinds,
I have little doubt abput the reappointment of whole-time directors of unlisted public company. Is it necessary ti file form 25C and executing fresh agreement for reappointment of whole time directors? Kindly note that directors term is not yet ended.
I have little doubt abput the reappointment of whole-time directors of unlisted public company. Is it necessary ti file form 25C and executing fresh agreement for reappointment of whole time directors? Kindly note that directors term is not yet ended.
Ankur Garg
(Expert)
25 June 2010
Filing of form 25C is mandatory as desired by section 269 for a public company if you follow the route of sch XIII for the appointment of WTD.
Execution of agreement is not mandatory for the appointment of managerial personnels.
You may appoint managerial personnel without agreement by a simple board resolution.
Execution of agreement is not mandatory for the appointment of managerial personnels.
You may appoint managerial personnel without agreement by a simple board resolution.
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