banner_ad

Can a Government employee be a Partner of firm or Company?

This query is : Resolved 
Profile Image

Profile Image

(Querist)
19 July 2011 Dear Experts i need your valuable advice... A government employee wants join as a partner of a firm. Is it possible? If possible please advice how can he join. And one more query a government employee can be a director of PVT. limited company? If any posibility is there please guideme... Thanku every one...
Profile Image

Amol Gopal Kabra (CA,CS,DISA)

Profile Image

Amol Gopal Kabra (CA,CS,DISA) (Expert)
19 July 2011 A Government Employee can be a Partner or Director however subject to restrictions. He can only be a sleeping partner and cant be a whole time or part time director. He can be a non-executive director. However such appointment as a director or becoming a sleeping partner may require the approval of the concerned department of the Government.
Profile Image

RAMESH KUMAR VERMA

Profile Image

RAMESH KUMAR VERMA (Expert)
19 July 2011 AGREE WITH THE EXPERTS.

https://www.mca.gov.in/Ministry/actsbills/pdf/Companies_Act_1956_Part_1.pdf
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details