Can retired govt. served be director of a company?
This query is : Resolved
Saurabh Sharma
(Querist)
10 March 2014
Hello,
I want to register by company as pvt. ltd. As I am working in a MNC, so I can't be director of my firm. So, I want to appoint my father, who is a retired govt. servent and receiving pension, as director. Is it legally possible?
Thanks
Nikhil Kaushik
(Expert)
10 March 2014
well most probably yes. Service rules normally dont prohibit such engagements. However, just check for whether or not it requires prior intimation or approval of the sanctioning authority. in any case it should not be a problem
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