TMI BlogCertain persons not to be appointed managing directors.X X X X Extracts X X X X X X X X Extracts X X X X ..... ppointed managing directors. 267. No company shall, after the commencement of this Act, appoint or employ, or continue the appointment or employment of, any person as its managing or whole-time dire ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ds "in India" omitted by the Companies (Amendment) Act, 1960, Act 65 of 1960, section 90, w.e.f. 15-6-1988.
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