CA as a director

Subhasish Goenka (-----) (78 Points)

18 February 2013  

A person is a recently qualified CA and is into Service. However,  he is a director in two Pvt. Ltd. Companies.

There are 2 directors each in the companies. Out of which he is one of them and usually signs few documents without  any actual knowledge of the business.

What are the Provisions regarding the same in Professional Ethics??