Can a director of a company work with other employer

sri.student (student) (144 Points)

26 January 2015  

can a person who is working as an employee in an organisation (not being a company)  become director of a company and receive amount from the company as salary/remuneration/sitting fees? 

would there be any legal hassels if the person who is a director of a company works as a full time employee in another organisation?