Director

Save Share

Join Us Follow Us Add as Source

This query is : Resolved

Report Query Ask a Query

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.

Ajay Mishra

Ajay Mishra (Expert)

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.

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

07 October 2013 what in case of public co. and what in case of private co.

Ajay Mishra

Ajay Mishra (Expert)

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.

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now