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Requirement of Chairman and Managing Director in PVT . Ltd. co.

This query is : Resolved 
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(Querist)
23 August 2007
With reference to above subject kindly confirm that if there is need of appointment of Chairman and managing director in pvt ltd. co. , if yes then under which section ?
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Raj

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Raj (Expert)
23 August 2007 If it it independent private company it can appoint MD as per its Article of Association. but if its subsidiary of public company then sec.269 198 schedule x111 compliances to be fullfilled
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Srinath A. N.

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Srinath A. N. (Expert)
05 October 2007 Private company need not have chairman or managing director.
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