WTD

Harvinder kumar (Company Secretary ) (195 Points)

22 May 2013  

Dear Members,

I need your expert views on the following issues:-

 

In our one private limited company a person is appointed as whole-time director and drawing remuneration from it. That person is being appointed as WTD in another company which is Public Limited Company. 

1. As per provisions of Companies Act, WTD can be appointed in more than one company?

2. Section 269 applicable on public limited and subsi of public company which is a private limited company, but in our case the private company is independent from another public company whether this limit for 2 directors will be applicable or not? Whether limit

3. Whether MD can be appointed in more than one company. If one company is private limited company and another is pub ltd company than what would be applicability of section 269.

 

Please your expert views and further query will be appreciated in this regard.

Regards

Harvinder