Managing Director
This query is : Resolved
ASHISH DARAK
(Querist)
04 August 2009
MD's appointment is ending before AGM.If there is loss in the Pr. Year but profit in the I Quarter, can Managing Director be reappointed in the AGM or Central Govt. approval is required. please let me have checklist for re-appointment of MD
Ankur Garg
(Expert)
06 August 2009
Hi,
Kindly appreciate for the re-appointment of MD earning of profit/loss does not make any difference.
You may re-appointment of MD even if there is any loss in the company.
However remuneration to MD is dependent on profit of the company.
Regards
Kindly appreciate for the re-appointment of MD earning of profit/loss does not make any difference.
You may re-appointment of MD even if there is any loss in the company.
However remuneration to MD is dependent on profit of the company.
Regards
ASHISH DARAK
(Querist)
10 August 2009
Thanks
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