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.
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