Director
This query is : Resolved
VIPUL SHARMA
(Querist)
03 December 2012
Is any md can be appointed for a shorter periods or at any emergency? ???
Ajay Mishra
(Expert)
03 December 2012
Hi
Yes, MD can be appointed for a shorter period which will be less than five year. The Companies Act, 1956 does not talks about minimum period.
For private company, you are free to appoint MD for more than 5 years.
Yes, MD can be appointed for a shorter period which will be less than five year. The Companies Act, 1956 does not talks about minimum period.
For private company, you are free to appoint MD for more than 5 years.
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