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<h1>Prohibition on simultaneous managerial appointments: companies cannot appoint a managing director and a manager at the same time.</h1> Section 197A forbids a company from appointing or employing more than one specified category of managerial personnel at the same time, specifically preventing concurrent service as a managing director and a manager; the provision prevails over other laws or agreements and included a transitional six month period, while references to managing agents and certain officeholders were later omitted by amendment.
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