Appointment of Manager

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Rishi Vyas (Querist)
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07 October 2010 Whether the appointment of Manager under Companies Act be disclosed in the Directors' Report?

If no then where the disclosure should be made in the Annual Report?

Ankur Garg

Ankur Garg (Expert)
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07 October 2010 Appointment of the manager is regulated by section 269 for a public company and it is the appointment of managerial personnel with substantial powers.

So it should be reflected in the directors' report.

However as per section 197A a company can not have manager or MD at the same time.

Rgds

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