banner_ad

Powers of chairman

This query is : Resolved 

18 March 2012 ( If company is to be incorporated) Pvt Ltd co. has 4 directors A (MD),B (Chairman),C, and D having 40%,30%, 30%, 0%

Ques r :

1 whether we can mention in AOA that "Mr. B shll be the chairman of all board meetings.

2 what are the powers of the chairman if all the directors are against him

3 whether we can appoint MD to retire by rotation.

also whether any extra powers can be given to Chairman



Thanks in advance all my respected seniors

19 March 2012 1. yes, company can mention in AOA that mr.B is a chairman for all board meetings.

2.if all the directors are against him then articles need to be amended first and remove the chairman elect new one.

3.yes, MD can be appointed as retire by rotation.

4. only extra power chairman has is Casting Vote in case of tie in motion.

19 March 2012 Sir I have to save the chairman that he can not expelled by BoD.

is there any means whether by incorporated in AoA or otherwise?


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


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details