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May Hold Two or More Offices Form

May Hold Two or More Offices Form

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welcome to the law talks I am going to discuss a very common question today that is then a cool time company secretary be a company Secretary of two companies at the same times So my answer is no as for the section 203 subsection 3 of companies act a whole time KMP shall not hold office in more than one company so it means a company secretary is also a KMP thus he cannot hold office as a CS in more than one company and this apply for other KMPS like CFO mdco manager and whole time director but wait one exception is there a KMP can hold office in its subsidiary company so it means a CS can hold office in its subsidiary as well as holding company and one more exception is there for the KMP to become a director of any company as well if he takes the approval permission of board of directors I hope you like the information tell me

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