Whole time director
This query is : Resolved
08 December 2011
Hi,
Can a person be appointed as whole time director in more than one private company and draw remuneration from all the companies?
Can a person be appointed as whole time director in more than one private company and draw remuneration from all the companies?
08 December 2011
For Md and manager specific sections(Sec 316 and Sec 386) are given for no. of co. in which they can be md or managers. But no specific section is given for whole time directors so that can not be assume that a wtd can also be appointed in two co.
But some are of the opinion that A WTD, being whole time employee can not be WTD in more than one company.
As per my understanding a person can be wtd in more than one private company.
RG
But some are of the opinion that A WTD, being whole time employee can not be WTD in more than one company.
As per my understanding a person can be wtd in more than one private company.
RG
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
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- 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
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
