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Can one person become managing director of two companies?
No, the answer is clearly no because it will leak the company secrets to another company
What is a manging director?
He (she) is the senior person in a company, apart from the Chairman - though he can be both. In the UK, you cannot form a company, however small, unless there is a Managing Director and a Company Secretary, and these two must not be the same person.
How do you find names of managing directors?
Go the google search and type who is the managing director of so and so company. for example who is the managing director of tata consultancy service? then you can get the answer of it. or, if you are searching for many managing directors name you should mention the field you want on the google search.. for example managing directors of IT companies in india then you will be getting the answer. thank you Answered By Revathy MBA
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.
Is executive director higher than VP?
The answer is Yes. Based on British commercial law, an executive director is a person who is employed by a corporation and at the same time is tasked to sit in the company's board of director representing the senior management in company usually to explain about the performance of a company. An executive director is usually a person with a senior ranking in the organization like the CEO, COO, and CFO of the company. A VP is usually sits in a middle management of a company.
In how many companies one person can be a director?
A person can be a board of director for more thane one company earlier it was 20 now it is reduced to 15 companies
How many number of companies can a person be director of at any one time in the United Kingdom?
One person may incorporate a United Kingdom private limited company and become its only shareholder and director. A director and shareholder must be named in the company registration papers. The director and shareholder may be the same person.Hope this helped...
What type of companies would require an accounting director associated with their firm?
Many companies would require an accounting director associated with their firm. Typically, any large companies of over 100 employees would have a separate accounting department, which would have a director.
Can one person become managing director of two companies?
No, the answer is clearly no because it will leak the company secrets to another company
What are the requirements to be a Director or Nominee in a OPC?
Only a natural person who is an Indian citizen and a resident in India is eligible to incorporate a One Person Company or be a nominee member. The Director or Nominee must also be over 18 years of age. A person can incorporate up to five One Person Companies.
How much payment get for director of company?
The payment you would get for being the director of a company would vary from each company. While many companies can afford to pay large salaries, other smaller companies cannot. The director of a company would be paid fairly based upon the income the company has.
Where can a person obtain new director chairs at a low cost?
Many companies are offering equipent like tabels and chairs for offices. There are many different kind of chairs and many differnt prices. But every company have differnet classes of director chairs so just go and look in any shop that sells chairs and ask for a low cost chair.
Can two companies have the same owner?
Yes, a single person/business can own many companies.
What do you call a person who directs?
Director or artistic director depending on their duties.
Where is the director role carried out?
the role of the director is the main person for a company
What are the eligibility Criteria to become a Director?
Following is the criteria to become a Director of a Company: 1 : An Individual’s age should be above 21 years & below 70 years; 2 : The individual shouldn’t be an undischarged insolvent; 3 : There shouldn’t be any order in force passed by a Court or Tribunal disqualifying the person for the appointment of a Director; 4 : An individual shouldn’t have been convicted by a court of an offence & sentenced to imprisonment for more than 6 months & a period of 5 years should have elapsed from the expiry of the sentence; 5 : An individual shouldn’t have applied to be adjudicated as an insolvent; 6 : There shouldn’t be any order in force passed by a Court or Tribunal disqualifying the individual for Director’s appointment; 7 : The person must have DIN & DSC; 8 : An individual shouldn’t have been convicted of the offence dealing with related party transactions under Section 188 at any time during the preceding 5 years; 9 : The person or an individual shouldn’t be appointed as a Director in more than 19 companies or 9 companies in the case of public companies since the maximum numbers of company in which a person or an individual can act as a Director is 20 companies or 10 companies in the case of public companies; 10 : An individual can’t be appointed as a Director if he or she is a Director in the following companies: A Company that has failed to repay the deposits, interest on deposits, failed to redeem any debentures on the due date, pay interest on debentures, or pay the dividend declared for more than 1 year; A Company that hasn’t filed financial statements/annual returns for a continuous period of 3 Financial Year.
How do you get sponsored playing football?
There are many companies that will sponsor a football team. A person just has to go to different companies and ask.
