FAQ on Company Law:
Query: Can one & same person be appointed as CS and CFO of a company at the same time? Is there any provision under CA 2013 that specifically prohibit this?
Answer: One person can be appointed as CS and CFO at the same time as there is no restriction being imposed in the Act but as per spirit of sec.203 it is advisable to appoint different person in single capacity as a CS, or CFO.
Further, while filing DIR 12 with Registrar of Companies, there shall be technical problem in filing form DIR 12 for the CFO appointment, when he is already showing as a CS of the company in the MCA portal
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