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Managing director of a company

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(Querist)
01 November 2017 Is there any limit for managing director of a company?? Can company have any no. of managing directors??
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CS Mitesh Mehta

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CS Mitesh Mehta (Expert)
01 November 2017 The Companies Act, 2013 is silent about the provisions regarding appointment of Joint/Deputy Managing Director in a Company. However usually in large companies, Joint/Deputy MD is appointed as a position next to MD.Though there is no specific provision exist in any act/rule/regulation for the appointment. There is also no prohibition in this regard
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