Number of Companies in which one person can be appointed as Managing Director

562 views
User Avatar

2 Points Posted on 20 September 2022
As per Companies Act, we all know that MD cannot be appointed as MD not more than 2 Companies.

My question is in which section of Companies Act 2013, they have mentioned as stated above.
0 Reply Share Follow
On 20 September 2022 at 11:04 Report
Replies (2)
Quick Summary
This discussion clarifies the limitations on a single individual serving as a Managing Director (MD) for multiple companies under the Companies Act 2013. It confirms that a person can be appointed as MD in no more than two companies. Section 203 of the Act is cited as the relevant legislation, with a note that consent from all directors is required if appointed in a second company.

User Avatar

Student
232 Points Posted on 20 September 2022
Sec 203 i guess
Reply
On 20 September 2022 at 19:44
User Avatar

Student
24 Points Posted on 01 December 2022

Section 203 of the Companies Act, 2013 Sates that a person can be appointed Managing Director in other company ( Not more than one)  provided the consent of all the directors had taken.

Reply
On 01 December 2022 at 19:30

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Criteria to hire an article
  2. Guidence requested for a Finance Professional with
  3. Expert Opinion Required – Form 140 Gross Amo
  4. WRONG TAX DEMAND - formal responses , rectificatio
  5. Foreign remittance
  6. Affordable Residential Flats in Gurgaon
  7. Manufacturing
  8. TAN REGISTRATION ON E-FILLING SITE
  9. Form 10-IEA – Continuing Old Regime
  10. Income tax act 2026

More recent discussions | Post

Related Topics :

Loading