Plz answer urgent

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.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
Featured ARTICLESHIP 31 October 2026
CA Articleship

apricus india

Navi Mumbai

CA Inter

View Details
Company
ARTICLESHIP 07 November 2026
Article Assisstant

DPV & Associates

Chennai

CA Inter

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details