nomenclature of president and vice president of the company

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kasturi (Querist)
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11 February 2010 whether in the Articles of Association of the comapny duties and powers of the president and vice president of the company be defined.I refer here DCA circular No.14/37/63-PR 23/09/1963.Its very urgent and hope will get answer expedietely.

Rasesh

Rasesh (Expert)
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11 February 2010 Not Required.

President/VP are not positions under the Act and hence it is absolutely not required to have their powers defined in the AOA.

The Powers may decided by the Company as per its internal policies.