MD Re-appointment

Others 570 views 2 replies

my comapny is unlisted public comapny, md tenure expire on 29/09/2009, BOD re appoint  on 27/09/2009 but EGM held on 06/03/2010. This proedure is right or wrong.

 

and further my comapny appoint a WTD by BOD on  01/01/2010  but EGM held on 03/03/2010. wthis procedure is right or rong, now what i can do for that step.

Replies (2)

in case of appointment of MD/WTD under Schedule XIII, approval of shareholder is required in next GM held after his  appointment. so these are the valid appointment. 

Both appointment and reappointment are correct.


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