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Managing or whole time director in two company

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(Querist)
03 December 2008 Can a individual hold the possition of Managing or whole time director simultaneously in two private company.

If yes then whether he can draw salary from both the companies.

Regards

Yogesh gupta
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CA. Amit Daga

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CA. Amit Daga (Expert)
03 December 2008 YA HE CAN THERE IS A RISTRICTION IN PUBLIC COMPANY.. BUT IF U WILL GET A UNANIMOUS DEC UNDER SEC 316 EVEN ANY PERSON CAN BE A MD IN TWO PUBLIC COMPANY

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