Director
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 October 2013
Are all directors employees of the company?
Or only M.D. and Whole time directors are employees.
Or only M.D. and Whole time directors are employees.
07 October 2013
Hi
Its depend on the nature of company, whether it is public company or private limited company.
MD and WTD are considered as employee of the company.
Its depend on the nature of company, whether it is public company or private limited company.
MD and WTD are considered as employee of the company.
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Querist : Anonymous
Querist :
Anonymous
(Querist)
07 October 2013
what in case of public co. and what in case of private co.
07 October 2013
The provision of appointment and remuneration of managing director or any director of the Companies Act, 1956 will not applicable to private limited company. They will be governed by their articles.
In case of public company, you will have your Board of directors with the combination of executive and non executive directors.
In case of public company, you will have your Board of directors with the combination of executive and non executive directors.
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