Managing director
This query is : Resolved
Souvik Kumar Ghosh
(Querist)
27 October 2012
Can a person become Whole Time Director or Managing Director in more than one Pvt Ltd Company? Please provide the relevant section.
Regards
Regards
Ajay Mishra
(Expert)
27 October 2012
Hi
Yes, a person can be MD/WTD in more than one company if company articles permit.
The provision of Companies Act, 1956 relating to appointment of MD/WTD/Manager is not applicable to private limited company.
So you are free to appoint in private company.
Yes, a person can be MD/WTD in more than one company if company articles permit.
The provision of Companies Act, 1956 relating to appointment of MD/WTD/Manager is not applicable to private limited company.
So you are free to appoint in private company.
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