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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
Trending Online Classes
CAclubindia
