company law

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bharat

bharat (Querist)
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04 June 2011 can a practicing CA become a director in private company or not?
also clear me remuneration point?

CS Bijoy

CS Bijoy (Expert)
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04 June 2011 According to me a practicing CA can be director of a company but the audit report can not be signed by that CA as per remuneration is as usual.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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04 June 2011 Can be a 'Director simplicitor' meaning thereby with out remuneration.

CA Sumat Singhal

CA Sumat Singhal (Expert)
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07 June 2011 As per chartered accountant regulation a CA can be director in a company without any prior permission but only intimation, but appointment as WTD or MD require prior approval of council, also compliace of sec 226 of companies act is necessary...
Sumat Singhal

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