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CS
150 Points Posted on 24 February 2021

Can a Listed company procced without Executive Director (temporary suspension by board for personal resaon)on Board if yes, than for how much days if no, than what is provision please state in regard to companies act 2013 and LODR 2015.

Please also state case laws if any at earlist as possible.

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On 24 February 2021 at 14:51 Report
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delhi
720 Points Posted on 02 March 2021
Yes as per companies act. you can appoint manager instead of md and wtd. and board should comprise of non executive director
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On 02 March 2021 at 02:17
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Professional
1979 Points Posted on 07 March 2021
As Per Section 203 ,Company have to fill vacancy within 6 months ( For Whole Time KMP) , anyways LODR is silent on this aspect....Else Board Can Appoint Executive Additional Director... Check Informal Guidenance by SEBI if any .
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On 07 March 2021 at 07:25

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