Companies Act, 1956
Sec 388 - Application of sections 269, 310, 311, 312
and 317 to managers.
The provisions of sections 269, 310, 311 and 317 shall apply in
relation to the manager of a company as they apply in relation to a managing
director thereof, and those of section 312 shall apply in relation to the
manager of a company, as they apply to a director thereof.