Appointment of president in private company
Sushil Kumar Sharma
(Querist) 18 April 2016
This query is : Resolved
Dear all,
Can we appoint Non Executive Director as President of the Company? What is the exact meaning of President?
Please provide your experts view at the earliest and oblige. Thanks
Rajendra K Goyal
(Expert) 19 April 2016
Academic query, state material facts of the problem if any.
Sushil Kumar Sharma
(Querist) 19 April 2016
Dear Sirs,
My query is not academic. We want to appoint a person as Non executive director in our company and also want to give him the designation of President. His duties will be as delegated by the Board through Board resolution.
Can we do this? Is there any issue involved? and hoe can we do this.?
Thanks & Regards.
Adv. Yogen Kakade
(Expert) 20 April 2016
You can do that.. but the basic draft of the company formation terms about the appointment of such position has to be seen or may be the articles or past resolutions regarding the same.
ADV-JEEVAN PATIL, MUMBAI
(Expert) 26 April 2016
U can do so. Neverthelss, assining executive powers n functions depend upon u. It is largely depend upon Ltd or Pvt Co. Or Propriorship. ADV.JEEVAN PATIL, LEGAL ADVISOR & VICE-PRESIDENT (Legal Cell) M. 9869400938 EMAIL : jeevansci@yahoo.com