Can any body tell me, when a new company will born, who issue the offer latter of directors and MD. Plz give me the common format of directors offerlatter.
kumarjit sinha (DIRECTOR) (24 Points)
27 March 2012Can any body tell me, when a new company will born, who issue the offer latter of directors and MD. Plz give me the common format of directors offerlatter.
CS MOHIT SALUJA
(PRACTICING CS Jalandhar 9914558709)
(5155 Points)
Replied 01 April 2012
Dear Sinha Ji,
When a new company is incorporate, instead of giving offer letter, it is the practice to give consent letter to the company by all the directors that they are ready to become the director of the company. And in the first board meeting of the company, the first director's appointment is confirmed. The sample minutes of confirmtion of first director is as follows:
7. Confirmation of Appointment of the first Directors.
The Chairman informed that the first Directors of the company as provided in Article No. 34 of the Articles of company at the time of incorporation i.e. (1) Mr. Hardev Singh, (2) Mr. Gurdip Singh and passed the following Resolution:-
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India