Appointment of manager
This query is : Resolved
Drishti Sharma
(Querist)
09 July 2015
Sir/Mam
Can we appoint one person as manager in more than one companies?? Please clarify.
Best Regards
Drishti
Can we appoint one person as manager in more than one companies?? Please clarify.
Best Regards
Drishti
CS Mitesh Mehta
(Expert)
09 July 2015
Appointment of Manager is treated as Whole time KMP as per Section 203 of the Companies Act, 2013
A whole time KMP shall not hold office in more than one company except in its subsidiary at the same time. However he can hold directorship with other companies with the permission of the Board.
A company may appoint or employ a person as its managing director, if he is the managing director or manager of one, and of not more than one, other company
According to my view, one person can't be appointed as Manager in more than one company except in its subsidiary.
A whole time KMP shall not hold office in more than one company except in its subsidiary at the same time. However he can hold directorship with other companies with the permission of the Board.
A company may appoint or employ a person as its managing director, if he is the managing director or manager of one, and of not more than one, other company
According to my view, one person can't be appointed as Manager in more than one company except in its subsidiary.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- MSME disclosure and disallowance
- Taxation of crypto futures in India Fy 2026- 2027
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
