Can a director be appointed by the Board with back date i.e Board meeting on 19/06/2010, and effective date of appoitment of a director is 18/06/2010. Can it be so with approval of members (in GM).
Please clarify.
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Appointment of Director
Replies (11)
I dont think so that a director can be appointed with back date.
Board Meeting has to be held before the date of appointment or on the date of appointment.
And then appointment can be confirmed in the ensuing General Meeting.
Or the appointment can be directly made in General Meeting but meeting should be held before the date of appointment or on the date of appointment.
Appointment with retrospective effect is not possible. However modification in remuneration conditions with retrospective effect is possible.
Hi
Can any one quote the section which states that the Director of the Prviate limited Company can hold the office in more than one Company..
As per section 275 a person can hold the position of a director in maximum 15 companies at a time. Also go through section 278.
Regards
Dear Experts,
Can any one quote the Section which says appointment of additional director with retrospective effect is not possible.
Under section 266, additional director can be appointed by Board in its meeting. Does not it mean the appointment can not be done retrospective??
Further, appointment of director is not an ordinary busines which can be ratified afterwards by the board. Apppointment accompanies rights, responsibilites and duties. If appointment could be ratified, then how corporate governance can be achieved.
Regards- Sudhir
Hi all,
Under companies Act 2013, can the date of the board resolution be taken as the effective date of appointment if no specific date is mentioned?
Regards,
Geetha
yes
it is valid
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