Appointment of Executive Directors as per Companies Act, 2013

Executive directors will generally be appointed by means of an appointment agreement and their qualifications and remuneration will be deliberated at length before the appointment, unless it is a family business or a promotor drawn company, in which case, you will find that the family members belonging to the promotor family will be designated as executive director. 



Executive directors can be designated as Managing Directors, whole Time Directors or simply Executive Directors.

Executive directors will generally be appointed by means of an appointment agreement and their qualifications and remuneration will be deliberated at length before the appointment, unless it is a family business or a promotor drawn company, in which case, you will find that the family members belonging to the promotor family will be designated as executive director.

Executive directors can be designated as Managing Directors, whole Time Directors or simply Executive Directors.

  

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