Appointment of managing director (MD) in a private or public limited company is governed by the Indian Companies Act, 2013. Therefore, before drafting an agreement for appointment of managing director, care must be taken to make sure one is not in violation of the above legislation. In addition, we must also be careful that the articles of association of the company are not breached. Here under is a sample agreement for appointment of managing director for one’s reference. You could have one drafted for your company / MD at the undermentioned price.
