Director of pvt. ltd. having din no. can be employee again?

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Director
22 Points Posted on 02 May 2016

I am holding an Pvt. Ltd. firm. i have a Pvt. Ltd Company. There are 2 Director having DIN NO. No Other employee left. As company going in losses, In this case, can we both work as a employee in some other company. Other company can give us salary official?

Or do we need close previous company first then move forward? but keeping in mind that we don't have fund for service tax to over come this? 

Please help....

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On 02 May 2016 at 21:11 Report
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CA - Final
1134 Points Posted on 03 May 2016
There is no restriction on employment.. disqualifitcation attracts to be appointed as a director again,. But the liability doesnt get over unless settled
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On 03 May 2016 at 01:00

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