No of managing director

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ajit kumar sahoo

ajit kumar sahoo (Querist)
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17 February 2015 sir as per companies act 2013 a person can act as managing director in how many private company

CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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18 February 2015 2 Companies.

A company may appoint or employ a person as its managing director, if he is the managing director or manager of one, and of not more than one, other company and such appointment or employment is made or approved by a resolution passed at a meeting of the Board with the consent of all the directors present at the meeting and of which meeting, and of the resolution to be moved thereat, specific notice has been given to all the directors then in India.

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