What is the Different between Managing Director and Whole Time Director of a Company

company and compensation law

Distinction between Managing Director and a Whole time Director:

Managing Director:

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

Whole time Director:

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

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