Cop holder to act as a director

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I am holding Full time COP. I am planning to start a business line along with the said COP. For this new business I am planning to incorporate a Private Ltd a Company, the shareholders would be my parents and my cousin brothers. I want to know whether I can act a director in the proposed company, if yes, to what extent I can act in the proposed company and whether I would be permitted to sign agreements, cheques in that company.Thanks
Replies (2)
Nobody is there to comment !!

Dear Abhishek,

You can be appointed as Non-Executive Director of the Company, cannot be appointed as Whole Time Director. however, you can sign cheques, agrreements, other documents in the capacity of director.


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