Sir/Madam
in our pvt ltd company we have managing director from about ten years,should he be reappointed immediately or after a term of five years....???
thanks in advance
awaiting reply
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Rotation of managing director
Replies (1)
Five Years has to be taken from commencement of the act i.e, from 1st April,2014. So at Present Reappointment is not required.
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