Whole Time Director
This query is : Resolved
Rishi Vyas
(Querist)
13 November 2010
Company A had one WTD who resigned on 29.01.2009 and another WTD was appointed on 15.05.2009. There was vacancy for four months.
Did the Company violate any of the provisions of Companies Act by not appointing or having any WTD for four months?
Regards
Rishi
Did the Company violate any of the provisions of Companies Act by not appointing or having any WTD for four months?
Regards
Rishi
Ajay Mishra
(Expert)
13 November 2010
Hi
Yes, If a company fall under section 269 of the Companies Act, 1956,the company shall have MD/WTD.
The applicability start when you come under the purview of this section.
Regards
Yes, If a company fall under section 269 of the Companies Act, 1956,the company shall have MD/WTD.
The applicability start when you come under the purview of this section.
Regards
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