can a person appointed as a Whole Time Director in a Pvt Ltd. Co who is already a MD in another public co.
Thanks in advance
Khushbu Jaiswal
(CA Finalist)
(528 Points)
Replied 04 April 2013
Yes He can be oppinted as WTD in two companies including the co. in which he is MD
Sneha
(Company Secretary)
(1594 Points)
Replied 04 April 2013
As per my perception a person can be appointed as MD of a Company even if he is MD in one other Co. But same doesnt holds good in case of WTD. A person cannot act as WTD in one Co and MD/WTD in other Co.
VIKAS.A
(SOMETHING IS BETTER THAN NOTHING)
(1095 Points)
Replied 04 April 2013
as sneha mam said there is no problem for managing drectors,
but for whole time directors this link says little different,
/experts/whole-time-director-in-two-public-limited-companies-248175.asp
CAclubindia
