Manging Director and Whole time director
saravanan (Trainee auditor) (31 Points)
09 July 2020
what is the difference between Managing director and Whole Time Director
2 Replies
Vipesh Soni
(2 Points)
Replied 10 July 2020
Managing Director is defined in Clause 54 of Section 2 of Companies Act, 2013
Whole Time Director is defined in Clause 94 of Section 2 of Co.Act, 2013
Also read Section 203 "Appointment of Key Managerial Personnel" of Co.Act, 2013 for more clarity between MD & WTD
I hope this helps 👍
Whole Time Director is defined in Clause 94 of Section 2 of Co.Act, 2013
Also read Section 203 "Appointment of Key Managerial Personnel" of Co.Act, 2013 for more clarity between MD & WTD
I hope this helps 👍
pritesh
(delhi)
(720 Points)
Replied 14 July 2020
Both are defined in companies act
major is one company have one or more wtd while MD should be one.
major is one company have one or more wtd while MD should be one.
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