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Chief Executive Officer & Director

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Sarika Agarwal

Service

112 Points Posted on 15 March 2011

Ours is a private limited company. the Board meeting was held on 11th March, 2011. in that Board Meeting we have appointed Mr. X was an Chief Executiev Officer w.e.f. 1st April, 2011.

Now in the same Board Meeting Mr. X is also appointed as Additional Director w. e. f. 1st April, 2011.

Appointment of Addional Dierctor can be done through routine ROC formalities.

My query is :-

1. Are there any formalities for appointment of CEO in Board Meeting. Is Board resolution required for appointment of CEO.??

2. Mr. X is CEO and Director, are any provisions of Companies, Act, 1956 which gets attracted.??

Please advise....

Replies (1)

SANTOSH SHAH

Company Secretary

534 Points Posted on 15 March 2011

Originally posted by : Sarika Agarwal
	Ours is a private limited company. the Board meeting was held on 11th March, 2011. in that Board Meeting we have appointed Mr. X was an Chief Executiev Officer w.e.f. 1st April, 2011. Now in the same Board Meeting Mr. X is also appointed as Additional Director w. e. f. 1st April, 2011. Appointment of Addional Dierctor can be done through routine ROC formalities. My query is :- 1. Are there any formalities for appointment of CEO in Board Meeting. Is Board resolution required for appointment of CEO.?? 2. Mr. X is CEO and Director, are any provisions of Companies, Act, 1956 which gets attracted.?? Please advise....