Dear All,
Can a private company have two managing directors under CA 2013?
Please clarify with the section and in real world examples.
Thanks in advance
Dear Mr Suresh
I want a concrete answer and not a counter question.
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Ans: As per third proviso to section 203 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 meeting.
For more details go through below link....
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