Managing or whole time director in two company

This query is : Resolved 

03 December 2008 Can a individual hold the possition of Managing or whole time director simultaneously in two private company.

If yes then whether he can draw salary from both the companies.

Regards

Yogesh gupta

03 December 2008 YA HE CAN THERE IS A RISTRICTION IN PUBLIC COMPANY.. BUT IF U WILL GET A UNANIMOUS DEC UNDER SEC 316 EVEN ANY PERSON CAN BE A MD IN TWO PUBLIC COMPANY


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