Dear All,
Plz solve the following queries:
1) How we will come to know that a person is an executive director, we will check whether the person is on pay roll basis or not, Is it the only and foremost certiria.
2) Is it necessary that our MD should be in pay roll basis, I mean can a MD be executive or non executive.
3) Wat about whole time director, how u will decide that u should appoint WTD/MD,
4) In clause 49 of listing agreement you will find the chairman concept, who is chairman of company, is it a administrative term or legal term, do not think about the chairman of the meeting that is a different concept.
5) Can a non executive director become chairman in a meeting, and wat about independent director.
6) Why clause 49 says that there should be 50% non executive director in Board, what is the benefit.?
7) Can a person be executive director in more than one company, take the case of pvt. as well as public co.
8) Additional director will always be an executice director. Is it true?
9) when we will regularise the additional director in AGM, so whether we should go for form 32 again.
Please give the professional answer.
Thanks n Regards,
karan gandhi
CAclubindia
