Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

banner_ad

Ca final-law md appointment

Others 190 views 1 replies

surabhi

student

172 Points Posted on 13 August 2018

A MD in a company can be appointment as an MD in another company only by a unanimous approval of the board. If out of 8 directors present at the meeting, 6 vote in favour, and 2 neither vote in favour nor against the resolution, is the resolution considered unanimous?

Replies (1)

Santhosh Gundinahole

Studnet

347 Points Posted on 13 August 2018

No. it will Amount to that- majority of the Directors are agreed for appointment of MD, but not all the Directors.

Only when all the Directors who are present at the meeting approved the appointment and given their consent to the resolution will amount to Unanimous resolution.

CCI Pro

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register

Recent Topic

More recent discussions | Post

Related Topics

Latest Job Openings

View all

ARTICLESHIP 15 May 2026

ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details

01 June 2026

Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details

29 May 2026

Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details

04 June 2026

Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details

14 May 2026

Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details

22 May 2026

U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details

14 May 2026

Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details

23 May 2026

Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details