1. Is it possible to re-appoint WTD by passing resolution by circulation (board resolution)?
because appointment of WTD is only by passing resolution at board meeting not by circulation.
2 In case Company fails to get in-principle approval of secured creditors when company makes default in repayment.
Thanking you
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Re-appoitment of WTD
Replies (2)
No WTD is a KMP l. Refer section 179(3)(k) read with rule 8 of chapter 12
thanks
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