Executive director in two companies simultaeneously
This query is : Open
24 April 2014
Can an executive director be appointed in two companies at the same time...Plz advice
25 April 2014
Dear Sruti,
With reference to Subsection 3 of Section 203 of the Companies Act 2013, A whole-time key managerial personnel (Executive Director) shall not hold office in more than one company except in its subsidiary company at the same time.
Trust it clarifies your query.
Regards,
Avneesh Mishra
With reference to Subsection 3 of Section 203 of the Companies Act 2013, A whole-time key managerial personnel (Executive Director) shall not hold office in more than one company except in its subsidiary company at the same time.
Trust it clarifies your query.
Regards,
Avneesh Mishra
25 April 2014
Thanks for your reply Sir, but the proviso to the same sec provides that .........." being a director of any other other Company with the permission of the Board"
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
- ITDS U/S.194T of Firm
- Difference between Date of Payment and Date of Deduction?
- Unregistered suppliers utility
- Non-Compliance documents have not been submitted by the contractors debited
- EXPORT COMMERCIAL INVOICE HSN CODE
- FORM 141 SDV query
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- GST not cancelled by tenant
- The TDS balance for March 26 shows a mismatch between the books and the portal; what should be done
- Filling ITR - U
- Form 140 tds
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
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
