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Regarding company secretary

Others 511 views 3 replies

Can a person act as a director as well and  Company secretary at a time?

Is it permitted under company law, if it is private company having less than Rs 5 crores paid up capital?

Please clarify my doubt?

Replies (3)

A wholetime company secreatry can act as a non executive director in any of the company.it is not prohibitted under the companies act 1956

ANY ONE CAN BECOME A DIRECTOR OF A PRIVATE LTD. PUBLIC LIMITED COMPANY OR ITS SUBSIDIARY PROVIDED HE IS NOT DISQUALIFIED UNDER SEC.274 OF THE COMPANIES ACT, 1956.

THE LIMITAION OF 15 COMPANIES DIRECTORSHIP SHOULD NOT BE BREACHED .

 

REGARDS

TANVEER MOHAMMAD MASOOD

A Full Time Company Secretary may be non executive director in the company but in addition to the minimum number of directors required ie 2 in pvt co and 3 in public co.


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