Ceiling on no. of managing directorship
This query is : Resolved
30 August 2011
Is there any ceiling limit for being a managing director in more than one company.
31 August 2011
Dear Sada Abdulkarim Dalvi,
A person who can hold the post of MD in more than one company only and the condition is the company is a public co., or pvt co which is a subsidiary of pub co.
A person can hold any no. of MD post in a purely private co. there is no restrictions for the private co.
If a person wants to be more than two companies as MD in public and private then he/ she should apply for the central govt. approval.
A person who can hold the post of MD in more than one company only and the condition is the company is a public co., or pvt co which is a subsidiary of pub co.
A person can hold any no. of MD post in a purely private co. there is no restrictions for the private co.
If a person wants to be more than two companies as MD in public and private then he/ she should apply for the central govt. approval.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Applicability
- Is Aadhar PAN linking required for opening bank account?
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- TDS NUMBER SURRENDER
- Offsetting interest income against derivative trading losses
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Application of 115BAC
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- RCM - commercial rent paid to URP under GST
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
