Sec-269
Tripta Jain
(Querist) 12 December 2013
This query is : Resolved
If a company intends to appoint an individual
other then director of company as MD or WTD,he shall first has to be appointed as Addl. Director. My query arises as to what time CG approval is required (if appointment is not as per Schedule XIII) as per Sec-269, Whether at the time of appointment as Additional Director or at the time of regularization ???
Plzz reply at the earliest
R.K Nanda
(Expert) 13 December 2013
consult ur co. LA.
T. Kalaiselvan, Advocate
(Expert) 13 December 2013
Your company's legal adviser will be a better person to clarify your query because he will be aware of the company's environmental situations and section 269 of some act.
Tripta Jain
(Querist) 21 December 2013
The Bare act does not give the clear picture of the situation