can CS appointed by circular resolution in NRC committee meeting and board meeting.
please guide
Menu
Appointment of C's by circular resolution
Replies (2)
Quick Summary
No ss-1 restrict the same
As per section 179(3) of the Companies Act 2013, there are certain matters which can be passed only through the board meeting and not by the circulation. As in a public Company whose paid-up capital is 10 crore or more, CS is considered as KMP, and as per section 179(3) any appointment or removal of KMP, cannot be made by circulation resolution and can only be passed by passing Board resolution in board meeting
Recent Topics :
- Remittance to italy
- Invoice made but goods not sent
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
Related Topics :
CAclubindia
