Manager under Companies Act
This query is : Resolved
07 October 2010
Can a person be appointed Manager in more than one company.
In case of MD, the person can be appointed in more than two companies with Central Govt. approval sought through Eform 25A. Is it also applicable for Manager?
In case of MD, the person can be appointed in more than two companies with Central Govt. approval sought through Eform 25A. Is it also applicable for Manager?
07 October 2010
Hi,
Yes it is possible.
Appointment of manager in more than 1 company is governed by section 386 which is parallel to section 316 for MD.
With unanimous consent of board a person who is already manager of one company can be appointed as manager of another company.
Kindly go through section 386.
Regards
Yes it is possible.
Appointment of manager in more than 1 company is governed by section 386 which is parallel to section 316 for MD.
With unanimous consent of board a person who is already manager of one company can be appointed as manager of another company.
Kindly go through section 386.
Regards
Message likes :
1 times
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
- CLOSING STOCK QUERY
- ITR-Capital Gain
- Rent claimed on building given on permissive possession basis
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Traces submitting correction statement error
- Query regarding TDS on EPFO Higher Pension Arrears- under wrong section
- Query regarding Item 61/62/63 vs Item 64 in ITR-3
- TDS _Long term Capital Gain ref.sec 214 Table 2
- Loss of interest in PF transfer from EPFO to Trust
- IT returns for fresh job holders
- 44AD, 44ADA business details
- PF wage ceiling
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
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
