You are WTD of Choco-chips Pvt. Ltd who wishes to appoint Mr. Vanilla SEQUERA as its MD who has attained age of 72 years. Board has got to know about fact that no company shall appoint or continue employment of any person as MD, WT or Manager who is below age of 21 years or has attained age of 70 years. You are requested by board to evaluate situation & suggest on whether he can be appointed as MD?
Yes, he can be appointed as MD by Board of Directors
No, he cannot be appointed as MD at all
Yes, he can be appointed as MD by shareholders through Special Resolution
Yes, he can be appointed as MD by making application to NCLT.