Appointment of Managing Director

[PRAYAS DUBEY]

Managing Director must first be the Director of the Company, Please state the legal validity of the said statement and also want to know whether it is mandatory to file MR-1 in case of Private Limited or ratification in General meeting is enough for such Appointment

[sid]

refer the definition of MD in section 2(54). If you have appointed on or after 05.06.2015 then no need for ratification by shareholders and also no need to file MR.1 as per the exemption granted to private company by MCA vide its notification of even date. But you should also check your articles for appointment procedure of MD provided therein.