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Manager in public limited company

MCA 405 views 6 replies

Can a individual appointed as director in a public limited company also be appointed as manager/general manager in the company and be paid renumeration for both the positions?

Replies (6)
No, not in same company .
Yes individual appointed as director then it can become as MD
No it is not possible
No it's not possible

No. One person cannot do both. 

In many organization, the directors themselves plays the role of a manager, but it does not mean that the role of the two important ranks of the company is same. A director can be an employee, member or any other person, who is unanimously chosen by the company’s shareholder at the general meeting. In contrast, a manager is a paid employee of the company who possesses a substantial amount of knowledge, expertise, and abilities to manage the organization.

No it's not possible


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