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Mangaging director n cs

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(Querist)
18 May 2010 What is the paid up capital limit to appoint cs in an industry? Ques 2 at the same time in how many firm managing director perform his duties?
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CS Mitesh Mehta

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CS Mitesh Mehta (Expert)
18 May 2010 Ans to query 1- LIMIT TO APPOINT CS- Rs. 5 Crore or more

Ans to query 2- A person can't be appointed in more than 2 company as a Managing Director
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CS Richa Sharma

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CS Richa Sharma (Expert)
18 May 2010 Agree with Expert.
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
18 May 2010 Agreed

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