Companies Act, 2013

Section 174

Appointment of managing director, whole-time director or manager in certain cases

⚡ Quick Answer Reference: Section 174 Companies Act

Provision: Section 174 of Companies Act
Act: Companies Act, 2013
Classification: corporate
Jurisdiction: India

Statutory Content

What does Section 174 of Companies Act say?

Where a company has only one director, it may, notwithstanding anything contained in this Act, appoint a managing director, whole-time director or manager, and such director or manager shall have all the powers of a director.

Indian StandardSection 174, Companies Act, 2013

Bluebook (21st ed.)Companies Act, 2013, § 174 (India)

Court Pleading StandardSection 174 of the Companies Act, 2013

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Source: Gazette of India (Official Publication)Verify egazette.gov.in ↗

Common Questions about Section 174 Companies Act

What is Section 174 of Companies Act?

Section 174 of the Companies Act, 2013 (Companies Act) defines and regulates "Appointment of managing director, whole-time director or manager in certain cases". The section states: Where a company has only one director, it may, notwithstanding anything contained in this Act, appoint a managing director, whole-time director or manager, and such director or man...

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