A non - executive director can be a service provider???????t

Siva Nageswararao (Accounts Executive) (45 Points)

31 May 2012  

A Chartered Accountant in Practice is a non - executive Director in a Company. Can he would be a service provider to the company? . I read in  Company law book of CS executive programme as per Clause 49 of Listing Agreement a Non- Executive director cannot be a service provider to the Company. It is only applicable or Listed companies or to Unlisted Public and Private Companies also.