Requirement of Chairman and Managing Director in PVT . Ltd. co.
This query is : Resolved
CA VINOD JAIN
(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 ?
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 ?
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
Srinath A. N.
(Expert)
05 October 2007
Private company need not have chairman or managing director.
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