Appointment of whole time director
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 May 2013
Since the Service tax is applicable on Non Whole time Director. So how may person can be appointed as a whole time director in Private & Public company.
Since the Sec. 269 is not applicable to private company, than a private company can appoint more than one WTD.
As per company Law "A Person can be appointed as a WTD in only One Company".
Kindly Tell me in Above line (Line in inverted Comma) Here company word is use for either for Public Company or Private Company or for both.
Kindly answer as early as possible.
Thank you.
Since the Sec. 269 is not applicable to private company, than a private company can appoint more than one WTD.
As per company Law "A Person can be appointed as a WTD in only One Company".
Kindly Tell me in Above line (Line in inverted Comma) Here company word is use for either for Public Company or Private Company or for both.
Kindly answer as early as possible.
Thank you.
Ankur Garg
(Expert)
09 May 2013
Yes A Person can be appointed as a WTD in only One Company. Any number of persons can be appointed as a whole time director in Private & Public company. There is no restriction as such.
However in public company one WTD is enough to comply with section 269. But more than 1 WTD can be appointed.
However in public company one WTD is enough to comply with section 269. But more than 1 WTD can be appointed.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- TDS on Dashcam rent and allied services
- Royalty payments to the Mining Department for procurement of murum - GST input
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
