I have a query regarding the appointment of Whole-time Director of a public company.
Can we appoint a whole-time director by circular resolution?
If we refer section 289 and 292, it lists down the businesses which have to be transacted only at board meeting. This list does not include appointment of WTD.
Please Clarify.
Guest
Guest
(Expert)
01 August 2012
Yes, WTD can be appointed by passing resolution by circulation.
CAclubindia
