Section 77
Subject to the provisions of the Act,—
77. Subject to the provisions of the Act,—
(i) A chief executive officer, manager, company secretary or chief financial officer may be appointed by the Board for such term, at such remuneration and upon such conditions as it may thinks fit; and any chief executive officer, manager, company secretary or chief financial officer so appointed may be removed by means of are solution of the Board;
(ii) A director may be appointed as chief executive officer, manager, company secretary or chief financial officer.