banner_ad

Form 25C in case of Pvt Co...

This query is : Resolved 
Profile Image

Profile Image

(Querist)
04 June 2011 1. Whether in case of Pvt Co, Form 25C(Appoint of New MD) is not mandatory???

2.In Pvt Co, CAN MD be appoint(By BOD & As per Provision of AoA) by only filed Form 32 and 23??

3.Or Only Form 32 is sufficient for Appoint of MD??
Profile Image

CA Sumat Singhal

Profile Image

CA Sumat Singhal (Expert)
06 June 2011 A MD is generally appointed by the company's BOD which is generally authorised by the articles..In NELSON V JAMES NELSON SONS it was decided that unless there is power given to BOD by article to apoint MD, it is not competent for them to make appointment.....however sec 2(26) expreselly authorise BOD without requiring provision in articles. If the article vest the power in the shareholder the appointment must be made by shareholder..
Sumat Singhal
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 27 April 2026
CA Articled Assistant

GM Corporate Solutions

Noida

CA Final

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
04 May 2026
Articleship

S.K Gairola & CO

New Delhi

B.Com

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details