Dear Sir,
ABC Pvt. Ltd . has 1 director & 1 MD. At time of 1 board meeting MD was also appointed as Chairman for whole time of company.Is it possible. Company belong to education field (41).
Pavan Kumar
8604417890
3 Replies
Juris & Juris
(2 Points)
Replied 08 November 2017
the concept of appointing one MD as a whole time Chairman of the company is not understood. kindly elaborate what you intend to suggest. a Board meeting cannot appoint some one as a whole time director or chairman of the company. a board can appoint some director as it's chairman. so the action is not correct.
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