Managing director in more than 2 private limited companies

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11 Points Posted on 23 June 2017

Can a person holding office as Managing Director in two private companies, be appointed as MD in another private company?

 

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On 23 June 2017 at 11:37 Report
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Secretary
22 Points Posted on 23 June 2017
No. Refer s.203 of the CA, 2013
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On 23 June 2017 at 12:33
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Consultant
114 Points Posted on 23 June 2017

Please also check whether section 203 is applicable on both companies or not.

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On 23 June 2017 at 18:46
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11 Points Posted on 25 July 2017

is 203 Applicable to private limited comapnies?

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On 25 July 2017 at 10:10
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16 Points Posted on 31 May 2018

A person cannot be appointed a as manager or M.D simultaneously in more than two companies. Yes, sec- 203 is applicable to Private Companies also.

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On 31 May 2018 at 15:24

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