Appointment of director
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 November 2011
In an Indian private Ltd company, what are the rights of a shareholder in appointment of Director?
09 November 2011
Under section 260 board of directors may appoint a person as additional director of the company. Such additional director has to be regularized in the general meeting of shareholders.
So board can appoint a person as director but ultimate key is with the shareholders.
Rgds
So board can appoint a person as director but ultimate key is with the shareholders.
Rgds
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