GST Course
CA Final Online Classes
CA Classes

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

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

This query is : Resolved 

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...

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.

AGREE WITH THE EXPERTS.

http://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


Similar Resolved Queries

loading





Trending Tags