Section 203 of companies act 2013

Neha Bansal (CS)     11 October 2013

Neha Bansal
 24 points

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Can anyone please explain me Sec.203 of Companies Act in Sec.203(2) states that "(3) A whole-time key managerial personnel shall not hold office in more than one company except in its subsidiary company at the same time:"

Is the C.S. of holding company can act as a CS of Subsidiaries also.??

Please suggest.

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