Ceo and companies act 2013

1279 views 3 replies

Can a person be CEO and Director both as per new companies act?

whether the overall managerial remuneration limit will be applicable on above case or not?

Thanks in advance.

 

 

 

 

Replies (3)

Yes, Sec.197 is applicable to MD, WTD and Manager.  If CEO is also appointed as a director, he will be WTD & CEO.  Hence Sch.V will apply in case of a public company.

 

Originally posted by : P C Agrawal
Yes, Sec.197 is applicable to MD, WTD and Manager.  If CEO is also appointed as a director, he will be WTD & CEO.  Hence Sch.V will apply in case of a public company.

 

Agree with Sir....

I have doubt. Please kindly specify if the companies act 2013 Is applicable for nov 14 IPCC exam. If yes to what extent. ?? Thanks in advance

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