Ad-Free CAclubindia and Daily Updates on your mobile. Subscribe Now!

CFO and Company Secretary

Bhavani Shankar (Employed) (135 Points)

27 January 2017

Can a single person be both CFO and CS to the same company?. If prohibited pls let me know the section.

Reply
Follow
Share

5 Replies

Ravi Kiran Vustela (Knowledge Seeker) (1353 Points)
Replied 28 January 2017

a kmp cannot hold the position of any other office. than he himself has

Upgrade to CAclubindia Pro. Subscribe Now!

Ravi Kiran Vustela (Knowledge Seeker) (1353 Points)
Replied 28 January 2017

A provision of the Act or these regulations requiring or authorising a thing to be done by or to a director and chief executive officer, manager, company secretary or chief financial officer shall not be satisfied by its being done by or to the same person acting both as director and as, or in place of, chief executive officer, manager, company secretary or chief financial officer.

Ravi Kiran Vustela (Knowledge Seeker) (1353 Points)
Replied 28 January 2017

Regulation 78 of table F ☝

zaidan khan (7 Points)
Replied 05 February 2017

I m zaidan Khan and i don't know you and u don't know me i just needed ur help and advice.
subject: private limited company director expired.

my father was a founder director and director of a private limited company he was passed away 4 months ago so can i have rights to take place of my dad as the founder director and director the company..
needed ur help and advice and opinion..
waiting for your response..

thanks.

Ravi Kiran Vustela (Knowledge Seeker) (1353 Points)
Replied 05 February 2017

you will become share holder through transmission of shares... and uh can appoint you're self as director using you're voting power.. directorship of a company a cannot be assigned... section 166