banner_ad

Can practising ca can become director of section 8 company ?

CA 1270 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.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details