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In case of private limited company, Board of Directors can sack a chairman of company. In case of public company , the Minister of that portfolio can sach a chairman. by Siraj Bangkok
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∙ 14y ago
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Do private limited companies have a board of directors?
Obviously, the Private Limited Companies have their Board of Directors.The Managing Director is the ex-officio Chairman of the Board of Directors. During AGM of the company, the shareholders get the opportunity to share their views, where the Chairman narrates the financial activities of the company during the last year and future goal.
Full form of IFCI?
IFCI stands for Industrial Financial Corporation of India. The company is headquartered in New Delhi, India. Mr. Prakash P Mallya is the chairman of the company and Mr. Atul Kumar Rai is the Managing Director and CEO of the company.
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