Abcourt Mines Inc V.ABI

RE:Any News

[Finally19]

The target date for applications was February 11, 2022.

After that they need to pre-select applications, invite applicants, hold interviews, make a decision, inform applicants about the decision, prepare the formal appointment:

1. Prepare notice of board meeting along with draft resolution(s) to be passed in the board meeting for candidate consideration for appointment as Chief Executive Officer (C.E.O.).
2. Sending of Notice along with Agenda of Board meeting to all the Directors of company.
3. Convene board meeting and pass the following Board Resolution.
4. Sending of Outcome of Board Meeting to Stock exchange wherever company’s securities are listed within 30 minutes from the conclusion of meeting. (this point is applicable for listed companies only)
5. Issue letter of appointment to the candidate for their appointment as Chief Executive Officer (C.E.O.).
6. File e-Form MGT-14 and DIR-12 along with attachments with the Registrar of Companies regarding appointment of director and simultaneously as a Chief Executive Officer (C.E.O.) within thirty (30) days from appointment as Chief Executive Officer (C.E.O.).
7. Sending of Appointment letter to Chief Executive Officer (C.E.O.) and entry in register, minute books, etc of company.

Read more at: https://taxguru.in/company-law/ceo-appointment-companies-act-2013.html
Copyright © Taxguru.in