Appointment of md


This query is : Resolved 

(Querist)
07 October 2017 Can a person become a MD, who is already held a position of Whole time director in other company ?

c.bakshi (Expert)
07 October 2017 I think a person who gives his whole time devotion in a company as whole time director can not give services as managing director to other company.

Mohit Soni (Querist)
07 October 2017 But in Private Company we can appoint him as a MD.

c.bakshi (Expert)
08 October 2017 THE LAW IS SILENT ABOUT IT. HOWEVER, I RECOMMEND YOU TO APPOINT HIM AS NON EXECUTIVE

Mohit Soni (Querist)
11 October 2017 Thankyou for sharing your knowledge


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