Managing director requirement: public companies and qualifying private subsidiaries must appoint such officer and file Form No.25C. Companies meeting the prescribed paid up capital threshold-public companies and private companies that are subsidiaries of public companies-must have a managing or whole time director or a manager. The return required under the managerial appointment provision and the certificate specified in paragraph 3 of Part III of Schedule XIII must be filed with the Registrar in Form No. 25C.
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Provisions expressly mentioned in the judgment/order text.
Managing director requirement: public companies and qualifying private subsidiaries must appoint such officer and file Form No.25C.
Companies meeting the prescribed paid up capital threshold-public companies and private companies that are subsidiaries of public companies-must have a managing or whole time director or a manager. The return required under the managerial appointment provision and the certificate specified in paragraph 3 of Part III of Schedule XIII must be filed with the Registrar in Form No. 25C.
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