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Can Chairman and Managing director be a same person

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MOHIT TANK (Querist)
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23 September 2020 Under the companies Act 2013, can a chairman and Managing Director be a same person for a Unlisted Public company whose paid up capital is more than 10 cr. ? Please suggest.

Deesha Shah

Deesha Shah (Expert)
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23 September 2020 Private company does not falls under the purview of section 203, hence it can have MD and chairman to be the same person.

MOHIT TANK (Querist)
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23 September 2020 Hi,
Thanks for your Reply, But i ask for Unlisted Public Company not Private Company. So Please once read Query than Revert it.

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