Managing Director Vs Whole Time Director of a Company

Distinction between Managing Director and a Whole time Director:

Managing Director:

  • Control of Management:  He  has   substantial control of management
  • Number of Companies: May be appointed in two companies
  • Coexistence with other posts: A managing director and a manager can not co- exist in a company,

Whole time Director:

  • Control of Management: He may be given some specific responsibilities only.
  • Number of Companies: Can be appointed as whole-time director in one company only.
  • Coexistence with other posts: A whole-time director can be appointed along with a managing director or a manager.

Tags: B.Com

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