Tenure of md in case of private company
This query is : Resolved
Reshma.T.Raju
(Querist)
08 July 2013
What is the maximum tenure of a MD in the case of private company which is not a subsidiary of a public company?
Ajay Mishra
(Expert)
08 July 2013
Hi
The provision of appointment of MD as gien in section 269 is not applicable to private limited company. So you can appoint MD for more than 5 years.
The provision of appointment of MD as gien in section 269 is not applicable to private limited company. So you can appoint MD for more than 5 years.
Reshma.T.Raju
(Querist)
08 July 2013
Thank You sir for your valuable reply.
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