In case of demise of Managing Director of Public company, is there any specific time period in which another Managing Director required to be appointed?
No, but you should appointed accordingly to comply other provisions of the company. You also check articles of company. The maximum time period is not given any where in Act.
Guest
Guest
(Expert)
06 September 2012
Agree with the reply of Ajayji.
Such time period is not given in the Act. However, it should be reasonable.
CAclubindia
