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Director role in a pvt ltd company

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(Querist)
30 December 2010 Hi,
I would have following queries:
1. Does Managing Director of a pvt ltd company have any special rights ?

2. Is it possible to appoint a new director in a pvt ltd company without board of director resolution

3. Is it possible for a founding director (Managing Director) to transfer the business/ assets of a company to another company without written consent/ resolution from other founding directors.

Thanks
Alok
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Alok

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Alok (Querist)
11 January 2011 Hi,
I request expert's view on my above query.

Thanks in advance.
Alok
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