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appointment of md after age of 70?

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88 Points Joined December 2017
if the managing director has attained the age of 70 years. after passing sr, how long can he be reappointed, and is MR 1 required after passing sr?
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On 03 January 2018 at 15:53 Report
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cs
641 Points Joined September 2017
section 196(3) says after attaining age of 70 years, special reso is required. there is nothing further limit fir age beyond 70 years.
yes MR 1 is for appointment and reappointment both
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On 04 January 2018 at 09:50
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88 Points Joined December 2017
we can appoint after sr upto any no. of year?
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On 04 January 2018 at 09:52
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cs
641 Points Joined September 2017
no company shall appoint MD for a term more than 5 year at a time.
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On 04 January 2018 at 10:43

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