Term of whole time director
This query is : Resolved
Amit Kumar Sharma
(Querist)
03 January 2013
What is the maximum term of office of a whole time director.
This was asked in cwa foundation exam in dec.
Thanks
This was asked in cwa foundation exam in dec.
Thanks
Ajay Mishra
(Expert)
03 January 2013
The tenure is not defined for Whole Time Director. Whole Time means without any time period.
Your answer should be : The maximum tenure is not defined under the Companies Act, 1956 of the WTD. The tenure of WTD will be from the date of appointment till the date of resignation it can not be defined in number.
Your answer should be : The maximum tenure is not defined under the Companies Act, 1956 of the WTD. The tenure of WTD will be from the date of appointment till the date of resignation it can not be defined in number.
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