2 Queries:
1. As per Section 203 (3) A whole-time key managerial personnel shall not hold office in more than one
company except in its subsidiary company at the same time.
does it mean 1 CS may be appointed for both Holding & Subsi.
2. No form is prescribed for appointment of CS (however for managing director, whole time director or manager Form No. 13.1 is prescribed) does it mean no form ( like form 32) is required now. So we can appoint CS without intimating Registrar)
Please suggest.
CAclubindia
