Managing/Whole-time directors Whether approval under the section is required for appointment if made in accordance with section 268

Managing/Whole-time directors Whether approval under the section is required for appointment if made in accordance with section 268 https://www.taxtmi.com/circulars?id=11015 Where a managing or whole time director is appointed or re appointed in accordance with the statutory appointment provision, no Central Government approval under section 268 is required; compliance with the procedural and substantive requirements of the statutory appointment provision dispenses with separate sanction under the separate approval provision for managerial personnel. en-us Thu, 13 Apr 1989 00:00:00 +0530 Mon, 20 Jun 2011 12:56:00 +0530 TaxTMI RSS Generator Managing/Whole-time directors Whether approval under the section is required for appointment if made in accordance with section 268 https://www.taxtmi.com/circulars?id=11015 Where a managing or whole time director is appointed or re appointed in accordance with the statutory appointment provision, no Central Government approval under section 268 is required; compliance with the procedural and substantive requirements of the statutory appointment provision dispenses with separate sanction under the separate approval provision for managerial personnel. Circulars Companies Law Thu, 13 Apr 1989 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11015