Md in two companies

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 October 2013 can a CMD of a listed co. be appointed as MD of a pvt. ltd. co.?

can he draw remuneration from both the co.?

does schedule XIII permits such a remuneration in pvt. co.?

request to reply at earliest.


19 October 2013 For all your queries, you may refer to article return of Sanjay Sahab at

https://www.caclubindia.com/articles/managing-director-an-overview-14374.asp#.UmGTCFPpx50


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