Consent letter for appointing director

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
18 April 2012 For appointing any person as a director in a PVT LTD Company, obtaining written consent from that person regarding appointing him/her, as a director in that company is necessary or not necessary?

For appointing any person as a director in PUBLIC LTD Company, obtaining written consent from that person regarding appointing him/her, as a director in that company is necessary or not necessary?

18 April 2012 Please check Section 264 of the Companies Act, 1956 in this regard.

Every person proposed as a candidate for the office of a director shall sign, and file with the company, his consent in writing to act as a director.

This section does not apply to a private company unless it is a subsidiary of a public company, but for safeguarding the interest of concerned parties and as a matter of better corporate governance even pvt companies obtain the consent letter from the directors.

20 April 2012 I agree with the expert's opinion


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


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query