Managing director: Section 2 (54) of the

Managing Director Section 2 (54) of the Companies Act, 2013, defines Managing Director . ‘ managing director ’ means a director who by virtue of the articles of a company or an agreement with the company or a resolution passed in its general meeting, or by its Board of Directors, is entrusted with substantial powers of management of the affairs of the company and includes a director occupying the position of managing director , by whatever name called. The explanation to section 2 (54 ... Learn what a CEO and managing director are, explore their responsibilities, see the differences between them and see job titles for roles at the same level. Director vs Managing Director - Are They Different? Yes, " Director " and " Managing Director " are distinct roles within a corporate or organisational structure, and they often have different responsibilities and levels of authority. The specific meanings of these titles vary depending on the company's organisational structure. Knowing the difference between a director and a managing director can also help you make informed decisions regarding your career path, guiding you towards roles that ... Learn about the definition, appointment, tenure, roles and liabilities of a Managing Director in India under the Companies Act, 2013. Find out the legal implications and cases related to the position of a Managing Director in a company.