Plz answer urgent

Others 701 views 1 replies

A Pvt Ltd is a closely-held private company controlled by two branches of a family. It has six directors. The company’s business is carried on from four locations and each of them is a self-sustained unit. It is therefore thought that each of the four units be headed by one director who would be designated as managing director. All the four managing directors would have equal powers in relation to the unit headed by him and the central office would be controlled and supervised by the chairman who would also be designated as managing director. All the four managing directors would draw equal remuneration and the chairman would draw higher remuneration. The company seeks your advice as to how the proposed plan should be carried out, what compliances are required and whether any changes in the articles of association are required to be effected

Replies (1)

4 Managing Director ? all Managaing Director headed by Chairman ? how a person headed two designation at same time i.e. Director and Manageing Director ? what is the purpose of doing so as mentioned by you.

Q is not so clear as much you state.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details