Executive director

Dear Frnds,

What do u mean by Executive Director?

as u all know that now the service of Directors service who are not employee of the company are covers under the Service Tax.

in this respect I would like to say one question about it.

If one person is MD in X Ltd., only Executive Director in Y Ltd. then He could be Executive Director in Z LTd.?

My question is that a person can be executive director in two companies at a same time?

In my definition executive means a person who is full time employment of company it includes MD & WTD.

 

So I can take position as executive director holding position other than MD & WTD in two companies at a time?

Replies (2)

Hi

 

Yes, he could be executive director in more than two companies, if the CG permit him. But yes, he can not draw remuneration from more than two companies.

But if pvt ltd co then whether permision required?

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