Introduction Flashcards
1
Q
Who is chief executive
A
Appointed by directors
To manage company
According to controls and direction of director
2
Q
Terms and conditions of CEO
A
-By directors or company in general meeting as per articles
-Deemed director
-Not to engage in competing business directly or indirectly. (no shareholder not as director) Not spouse or minor child
{For CEO of public company}
3
Q
Eligibility criteria
A
Any person
Need not to be shareholder, director, employer
4
Q
Ineligiblity of ceo
A
As of director as hes a deemed director
