Appointment of Managing Director

Whether Appoint ment of manging director with retrospective effect

Replies (2)
Originally posted by :Reeba varghese
" Whether Appoint ment of manging director with retrospective effect "


 

no

The Definition of MD includes, interalia,  a person who is occupying the position of a MD even though not formally apointed and all the provisions of the ACT shall apply.

 You cannot pass a resolution for appointing retrospectively. but if he is exercising the duties and powers of MD, he shall be deemed to be a MD.

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