whether reappointment of MD is mandatory in private limited
This query is : Resolved
Abhijit Rane
(Querist)
17 November 2010
whether reappointment of MD is mandatory after 5 years of his appointment in a private company which is not a subsidiary of public company... please explain wid provision to Com. law.
Ankur Garg
(Expert)
17 November 2010
NO
Appointment or reappointment of MD is not mandatory after 5 years of his appointment in a private company which is not a subsidiary of public company...
Reason being section 269 is not applicable to a private company which is not a subsidiary of public company.
Regards
Appointment or reappointment of MD is not mandatory after 5 years of his appointment in a private company which is not a subsidiary of public company...
Reason being section 269 is not applicable to a private company which is not a subsidiary of public company.
Regards
udit sharma
(Expert)
17 November 2010
Hi....
Agreed with Ankur Sir:-)
Agreed with Ankur Sir:-)
Abhijit Rane
(Querist)
17 November 2010
@ Ankur.. Thannk u v mch..
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