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If an employed person is to be appointed as CEO not representing Board in listed Company, whethet the said Company can appoint another person as Managing Director and/ or Joint MD? And whether it is required to appoint the said person as "Manager" under the Co's Act, 2013 to make him CEO

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Posted By: Kaushik shah 8 year(s) ago

This question has been closed if you want to answer,you have to re-open.


    Shivam Singhal

yes, a Company can appoint MD. but after this appointment, as per section 196 (1)- A Company shall not appoint or employ at the same time a Managing Director and a Manager.

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Expert    Ankit Singhi

yes a company can have both CEO and MD but in case it has appointed a MD then it can't appoint a manager

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Expert    Ankit Singhi

yes a company can have both CEO and MD but it can has appointed then it can appoint a manager.

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