Directors
This query is : Resolved
15 December 2014
As per the Companies Act 2013, I want to know whether an individual can be appointed as a WHOLETIME DIRECTOR of two Private Limited Companies.
Which section of Companies Act 2013, is applicable in this regard.
Which section of Companies Act 2013, is applicable in this regard.
CS Mitesh Mehta
(Expert)
15 December 2014
A whole-time KMP shall not hold office in more than one company except in its subsidiary company at the same time.
A KMP shall be appointed as a director of any company with the permission of the Board.
- Section 203 of the Companies Act 2013
A KMP shall be appointed as a director of any company with the permission of the Board.
- Section 203 of the Companies Act 2013
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