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Other Managerial Personnel- Company Management & Remuneration

   Posted On :  14.05.2018 10:07 pm

The term ‘managing director’ includes a director occupying the position of a managing director, by whatever name called.

Other Managerial Personnel
 
 

Managing Director:

 
The term ‘managing director’ includes a director occupying the position of a managing director, by whatever name called.
 
MANAGER: ‘Manager’, according to Sec. 2 (24), means an individual who has the management of the whole or substantially the whole of the affairs of a company.
 

Sole Selling Agents:

 
The term ‘sole selling agent’ is not defined in the Act, it means an individual, firm or company who or which is given exclusive rights to sell in a particular area the goods of the company concerned.
 

Secretary:

 
A company secretary means “a person who is a member of the Institute of Company Secretaries of India”. According to Sec. 2 (45) of the Companies Act as amended in 1988 ‘secretary’ means a company secretary within the meaning of Sec. 2 (1) (c) of the Company Secretaries Act, 1980, and includes any individual possessing the prescribed qualifications appointed to perform the duties which may be performed by a secretary under this Act and any other ministerial or administrative duties.

 

Tags : Business Environment and Law-Company Management & Remuneration
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