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manager

Archit Melana (CA final) (76 Points)

09 April 2017

can a person be manager in two different companies??

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3 Replies

Anjali lakra (473 Points)
Replied 13 April 2017

yes... as act prohibits only two manager in the same co.

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Sudhir Todkar (CS Professional) (1021 Points)
Replied 08 May 2017

He can become manager in another company as well the restrictions if only for WTD & not for manager.

And for MD he can also become a MD in another company subject to passing Unanimous resolution by board and give notice to all Directors including agenda to attend board meeting.

Act DOESN'T prohibit 2 or more MANAGER in same company.

Act prohibits Manager and MD shall not be appoint or employee same time. Either one of them should be hold office not both at a time.