In CA'56, for appoitment of MD/Manager, Turnover was also one of the criteria, which is not there in CA'13 (if I m not missing anything). Please confirm.
2 Replies
Dipendra Prasad Poudel
(Article Assistant ( Internal Audit) )
(578 Points)
Replied 06 June 2014
No idea. Nothing mentioned in my book regarding such a case of turnover. If there was any it should have included. But now there is no any turnover cases. i referred section 196 to 205 both inclusive.
Regards
Dipendra Prasad Poudel
TULIKA AGARWAL
(Self employed)
(80 Points)
Replied 06 June 2014
Hi Dipendra ! Pl check my other query on Requirement of Managing Director.
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