Company secretary appointment as part-time director need not have Central Government approval if no substantial management powers are conferred. Appointment of a whole time company secretary as a part time director does not require prior Central Government approval provided the appointee is not vested with substantial powers of management; the controlling test is whether substantial managerial authority is conferred on the secretary in the part time director role.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Company secretary appointment as part-time director need not have Central Government approval if no substantial management powers are conferred.
Appointment of a whole time company secretary as a part time director does not require prior Central Government approval provided the appointee is not vested with substantial powers of management; the controlling test is whether substantial managerial authority is conferred on the secretary in the part time director role.
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