A director who is entrusted with substantial powers of management under Section 2(54) of Companies Act 2013. Appointed for a maximum term of 5 years at a time. Remuneration governed by Schedule V in case of inadequate profits.
Last updated: 17 May 2026
A director who is entrusted with substantial powers of management under Section 2(54) of Companies Act 2013. Appointed for a maximum term of 5 years at a time. Remuneration governed by Schedule V in case of inadequate profits.
Managing Director is significant under MCA because A director who is entrusted with substantial powers of management under Section 2(54) of Companies Act 2013. Appointed for a maximum term of 5 years at a time. Remuneration governed by Schedule V in case of inadequate profits.
Managing Director under MCA applies to companies, professionals, and individuals involved in MCA-related compliance and regulatory matters in India. Specifically: A director who is entrusted with substantial powers of management under Section 2(54) of Companies Act 2013. Appointed for a maximum term of 5 years a...