Managerial person

438 views 1 replies

Dear All,

Can a person be appointed as managing director and chief executive officer in same public company, i have gone through section 196 and 203 and rules made thereunder, there is no prohibition in appointing of a person in two designation of same company.

while filing MR 1, System is not allowing me to select both managering director and chief executive officer tabs, does it means, do i need to file two MR 1 for each designation, even though of same person.

same way, do i need to file two DIR-12.

expecting practical view on the above said issue.

Replies (1)

Yes

Same person can be appointed as MD & CEO.

 

For filing of details of two designation (for example, MD & CEO) relating 
to the same person, you are required to file separate forms. These cannot be filed through 
the same eForm.

 

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