Query regarding appointment of managing/whole time director
Naveen Jain
(Querist) 30 December 2015
This query is : Resolved
Section 196 contains separate set of disqualifications for MD/WTD Does that mean that Section 164 is not applicable to MD/WTD?
For eg even if a person is of unsound mind ( as contained in 164) he can still be a MD under sec 196
Adv. Yogen Kakade
(Expert) 31 December 2015
Query doesn't describe your question thoroughly.
Advocate. Arunagiri
(Expert) 31 December 2015
For becoming a MD or WTD, he should be appointed as the director first.
So, the qualification for the directors is applicable to the MD and WTD.
You have not asked whether he should be a human or not?. He should be a human too.