Directorship
This query is : Resolved
14 November 2012
CAN A GOVERNMENT EMPLOYEE BECOME A DIRECTOR IN A PRIVATE LIMITED COMPANY...
15 November 2012
As far as company law is concern, there is no such objection for an Govt. employee to take the position of Director a company.
But, i belive that the person concern should obtain NOC from his employer, as per his service rule.
thanks,
But, i belive that the person concern should obtain NOC from his employer, as per his service rule.
thanks,
16 November 2012
Hi
Yes, a government company employee is free to appoint as a director in other company. They only take approval from our authority.
For example ministers are director of most of the company.
Yes, a government company employee is free to appoint as a director in other company. They only take approval from our authority.
For example ministers are director of most of the company.
16 November 2012
Dear Ajay Sir is there any restriction regarding executive and non executive directorship in above question or in your given answer.
16 November 2012
Hi
Yes, you can not hold any executive level post in the nature of director. You will only hold as Independent or professional. If the director is promoter then they can do business but can not take any remunerations.
Yes, you can not hold any executive level post in the nature of director. You will only hold as Independent or professional. If the director is promoter then they can do business but can not take any remunerations.
16 November 2012
thanks sir, but someone told me that a government employee can be a director but only act as non executive/ sleeping..is it true..
16 November 2012
Hi
Yes, it is called non executive if they are not taking any remuneration or benefit.
Yes, it is called non executive if they are not taking any remuneration or benefit.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Stamp Paper for partnership firm change new income tax 2025
- Capital gain from sale of house property
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
