Can practising ca can become director of section 8 company ?

1297 views 2 replies

Can practising CA become director of Section 8 company. Provided he is not getting any salary or remunaration from company.

Replies (2)

CA. in practice is permitted generally to be a 'Director Simplicitor' in a company.
.
Provided he is not a Managing Director or Wholetime Director and is required only in the Board Meetings of the company and not paid any remuneration except for attending such meetings.
.

Director Simplicitor shall be construed as ordinary/non-executive Director.
.

Link 1 || Link 2

Originally posted by : |)eep @ k Gupt/\
CA. in practice is permitted generally to be a 'Director Simplicitor' in a company.
.
Provided he is not a Managing Director or Wholetime Director and is required only in the Board Meetings of the company and not paid any remuneration except for attending such meetings.
.
Director Simplicitor shall be construed as ordinary/non-executive Director.
.
Link 1 || Link 2

I know this fact but my question is that can CA do other functions of Director e.g. signing authority, Executive etc.. Considering the fact that he doesn't get anything in return for his service.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 14 July 2026
Article Assistants

R Shyam and Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
Featured 16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT, CA SemiQualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
23 July 2026
CA Inter

Vikram Jadhav and Company

Pune

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
23 July 2026
Semi qualified CA

Garg Bros & Associate CA

New Delhi

CA Inter

View Details