Single person holding two full time position in same comp.

This query is : Resolved

nikhil (Querist)
Follow

11 January 2012
Can any individual hold two full time position viz. MD and Manager in the same company. Can form 32 be filled with the DIN for MD position and PAN for the manager position for the same person.

Please help me with the relevant Section or case law

Parashar

Parashar (Expert)
Follow

11 January 2012 According to section 197A of the companies act, 1956, no company shall appoint at the same time, a managing director and a manager. I think other questions get automatically resolved.