Co. law
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 May 2010
can a new additional director appointed for a private ltd company be also an executive director of the same company? or the concept of additional & Executive director is totally different ?
Jagruti (CS)
(Expert)
05 May 2010
Yes, additional Director can eb appointed as Executive Director of the Co.
Executive director means a Director who devotes his maximum time in business of the Company like an employee.
Additional Director means director who is appointed by Board & who holds directorship only upto next AGM & he shall appointed by Members in AGM.
Executive director means a Director who devotes his maximum time in business of the Company like an employee.
Additional Director means director who is appointed by Board & who holds directorship only upto next AGM & he shall appointed by Members in AGM.
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