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CEO and WTD
whether a company can appoint it's CEO as whole time director as well
Replies (8)
yes , u can appoint
there is no bar under the Act right. as in the case of MD where he cannot be appointed as manager as well
the company can not appoint MD and Manager at the same time.
| Originally posted by : sbhaktha | ||
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whether a company can appoint it's CEO as whole time director as well |  |
Yes in most of the Cases the Managing Director is the Whole Time director and he is termed as CEO of the Company.
we have to appoint a CEO as whole time director . in this case do we have to appoint him as a director or can we straight away appoint him as WTD.
YOu may directly apoint a WTD, in a single resolution appoint as director and resolved further that he would be the whole time director and salary etc., if any.
okay thanks
Yes CEO can be appointed as the Whole Time Director of the Company. Bt he shall also sign the Balance Sheet of the Company as per the provisions of Section 134 of the Companies Act because as per the Section if CEO is the Director, he would have to sign the Balance Sheet of the Company
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