Explain the following concept: Managing Director

Monjur Alahi

Explain the following concept:

Managing Director


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Salim Ahmed Kawsar

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Managing Director is a director appointed by virtue of an agreement with the company; or by passing a resolution in the general meeting or by its Board of Directors or by virtue of Memorandum of Associations or Articles of Association. He is entrusted with substantial powers of management of the affairs of the company. He is appointed for a period of 5 years.

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i. The Managing Director is appointed by a resolution. ii. The minimum and maximum age to be a Managing Director is 21 and 70 respectively.

i. True ii. True iii. True iv. True

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Explain the Managing Director.

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