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Can a company appoint managing director and manager simultaneously?
Information provided by Legalpund = Can a Company appoint a Managing Director and a Manager at the same time? = No company can appoint or employ, at the same time, or, continue the appointment or, employment at the same time, of a Managing Director, as well as a Manager. But, there is no legal prohibition against having a Whole Time Director and Manager, simultaneously, or, Managing Director and whole-time Director, simultaneously. Again, there is no prohibition on a company having more than one Managing Director. This section applies to all companies, public and private. As per provisions of this section a company cannot apply both managing director and manager at the same time. The term " managing director" and "manager" has been defined in section 2(26) and 2(24) respectively. "managing director is a director who is entrusted with "substantial" powers of management which would not otherwise be exercisable by him. From the definition of managing director it appears that the company may entrust "substantial" power of management to one or more directors and therefore a company may have more than one managing director.Further the expression MANAGING DIRECTOR shall also include a director occupying the position of managing director, by whatever name called.For instance, President, CEO , chief operating officer, etc. in the case of MNCs shall be considered as the MANAGING DIRECTOR for the purpose of COMPANIES ACT, although they are not designated as such.
Why scientists need a manager?
For the same reason that a fish needs a bicycle. Only the company that hires him(her) needs a manager.
What is the job description for the general manager in the jewelry industry?
Even I have the same question....
What are examples of first-line manager?
A first-line manager is a manager who is at first or second level management, such as a store manager (first level) or an assistant or co-manager (second level), and is directly responsible for the production of their company's goods and services. Keep in mind that a first-line manager is any first or second level manager at every store, it is not per company. For instance, there is only one president of a company, but there are hundreds of managers for the same company. There are first and second level managers for each department within a store and for every level, such as a branch, district, regional, and corporate manager.
What are examples of first line manager?
A first-line manager is a manager who is at first or second level management, such as a store manager (first level) or an assistant or co-manager (second level), and is directly responsible for the production of their company's goods and services. Keep in mind that a first-line manager is any first or second level manager at every store, it is not per company. For instance, there is only one president of a company, but there are hundreds of managers for the same company. There are first and second level managers for each department within a store and for every level, such as a branch, district, regional, and corporate manager.
Is personnel manager and public relations man are same?
No. Personnel - now more commonly known as Human resources - relates to the employment of staff. Public Relations relates to the image and reputation of the company in the eyes of the general public, client companies, and potential investors.
What is the difference between a team president and a General Manager in baseball?
A team president concerns himself or herself with all aspects of the baseball team, including the office personnel. A General Manager tends to deal only with the actual game side of the team, meaning hiring and firing managers, and drafting players and signing free agents.
Why can't the owner of a corporation also be the manager?
There is no reason why a company cannot be both owned and managed by the same person.
What are first line managers?
A first-line manager is a manager who is at first or second level management, such as a store manager (first level) or an assistant or co-manager (second level), and is directly responsible for the production of their company's goods and services. Keep in mind that a first-line manager is any first or second level manager at every store, it is not per company. For instance, there is only one president of a company, but there are hundreds of managers for the same company. There are first and second level managers for each department within a store and for every level, such as a branch, district, regional, and corporate manager.
Are Chevrolet and ford made by the same company?
No. Chevrolet is made by General Motors. Ford is made by Ford Motor Company.
What to do when non skilled manager pay exceeds a skilled workers pay in the same companyy?
When non-skilled manager pay exceeds a skilled worker's pay in the same company, the management can work with a mediator outside of the company to determine a new pay scale. This can also lead to the unionization of skilled workers.
He is worked to a company. Is it write sentence?
That sentence is incorrect. It could be changed to,He is employed by a company, or He worked for a company, which are sentences having the same general idea.
