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Ramesh Sharma
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Enlightened
Asked: 2022-03-31T16:46:01+05:30 In:

Can a person be Managing Director in two companies?

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Can a person be Managing Director in two companies?
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    1. Enlightened Chartered Accountant

      Yes, a person can be a Managing Director in two companies. As per the third proviso to section 203(3) of the Companies Act, 2013, a company may appoint or employ a person as its MD, if he is the MD or Manager of one and not more than one other company with the consent of all directors present at theRead more

      Yes, a person can be a Managing Director in two companies.

      As per the third proviso to section 203(3) of the Companies Act, 2013, a company may appoint or employ a person as its MD, if he is the MD or Manager of one and not more than one other company with the consent of all directors present at the meeting.

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