Managing director appointment
This query is : Resolved
27 July 2017
Can a director be appointed as Manging Director in more than one private company
28 July 2017
No.
MD is a whole-time key managerial personnel and hence shall not hold office in more than one company except in its subsidiary company at the same time. However, he can hold such other directorship with the permission
of the Board.
MD is a whole-time key managerial personnel and hence shall not hold office in more than one company except in its subsidiary company at the same time. However, he can hold such other directorship with the permission
of the Board.
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