Mp, mla or member of municipal corporation may be a director
This query is : Resolved
17 July 2013
DEAR SIR,
I WANT TO KNOW THAT AN M.P., MLA OR ELECTED MEMBER OF MUNICIPAL CORPORATION MAY BE A DIRECTOR IN A PVT. OR PUBLIC COMPANY.
PLS. GUIDE ME.
THANKING YOU
I WANT TO KNOW THAT AN M.P., MLA OR ELECTED MEMBER OF MUNICIPAL CORPORATION MAY BE A DIRECTOR IN A PVT. OR PUBLIC COMPANY.
PLS. GUIDE ME.
THANKING YOU
25 August 2013
No as they cannot hold any other profit making organisations as and when they are the elected members of the Government body similarly to that of an government employee cannot take any post in any other organisation except govt. organisation.
If the Government appoints them as a chairman or any other post of director in Govt. owned companies then only yes otherwise not.
They have to declare whether they are holding any other post in any other organisation.
Yes they they can become share hold in any company and they have to declare their assets in that company.
If the Government appoints them as a chairman or any other post of director in Govt. owned companies then only yes otherwise not.
They have to declare whether they are holding any other post in any other organisation.
Yes they they can become share hold in any company and they have to declare their assets in that company.
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