Study the following case and express your opinion:Mr. M wishes to be

1.	Study the following case and express your opinion:Mr. M wishes to be the Managing director of QRS Ltd.i. The age of Mr. M is 30 years. Can he be appointed as MD of a company?ii. Is it necessary that Mr. M should be one of the directors on the Board of QRS Ltd?iii. For how long a period QRS Ltd. can appoint Mr. M. as a Managing Director?
Answer» i. Yes, Mr. M is 30 years old and the age required to be completed for MD’s post is 21 years. So he can be appointed as MD of a Company. ii. Yes, It is necessary that Mr. M should be one of the directors on the board of QRS Ltd. He should be appointed by the board. iii. QRS Ltd can appoint Mr. M. as a managing director for a period of 5 years.

Study the following case and express your opinion:Mr. M wishes to be the Managing director of QRS Ltd.i. The age of Mr. M is 30 years. Can he be appointed as MD of a company?ii. Is it necessary that Mr. M should be one of the directors on the Board of QRS Ltd?iii. For how long a period QRS Ltd. can appoint Mr. M. as a Managing Director?

Answer»

i. Yes, Mr. M is 30 years old and the age required to be completed for MD’s post is 21 years. So he can be appointed as MD of a Company.

ii. Yes, It is necessary that Mr. M should be one of the directors on the board of QRS Ltd. He should be appointed by the board.

iii. QRS Ltd can appoint Mr. M. as a managing director for a period of 5 years.