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MD appointment
Can a permanent director be appointed as MD. As per section 196(2) maximum tenure of a MD is 5 years. So is it possible to appoint him as MD?
Replies (10)
Maximum tenure is 5 years only, however he can be reappointed again until he himself resign or Disqualified to become a MD (Like More than 70 age)
ans is no. because only WTD CAN BE MD and WTD CAN NOT BE PERMANENT DIR.
Sumit sir can u please specify the section where this is written
no section in c.a but while filling dir-12 for MD than its accept form only when u choose md as executive dir.
okey got it.......thanku so much
Can a permanent director be a whole time director or not
Can a permanent director be a whole time director or not
no WTD is appointed only for 5 yr
okey boss got it
welcome
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