Appointment of Managing Director
This query is : Resolved
15 July 2011
Hi All,
Please tell me if a private company can appoint a person as Managing Director if that person is already Managing Director of any other company (including private company which is not subsidiary of public company).
Please tell me if a private company can appoint a person as Managing Director if that person is already Managing Director of any other company (including private company which is not subsidiary of public company).
15 July 2011
yes, pvt company can do that.,sec 316/386 not applicable to Private company
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