Practising Company Secretary
12562 Points
Posted on 27 December 2013
Hi,
Director is a generalised term and includes a executive director.
Basically a director is divided into executive and non executive director.
Executive Directors refers to a director who is in the whole-time employment of the company and receives remuneration like a whole time director, MD, etc.
Non executive director is the one who is not in whole time employment of the company and does not receive any salary or remuneration, for eg independent director, nominee director, etc....
Fo further classification pls refer to the link mentioned by Subhash ji above..
Regards