Whole Time Director


This query is : Resolved 

(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


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


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