Sub Broker Registration if holding a state govt. job

hello I want to registration of sub broker of a broking firm in name of my elder brother who is a state govt employee , is it against service law ?

I will operate the business but AP/sub broker registration on stamp paper will be on his name .

is this a problem ?

any solution ?
Replies (3)
Quick Summary
This discussion explores the possibility of registering a sub-broker business under the name of a state government employee, who will not be actively operating it. Concerns are raised about potential violations of government service law, with initial advice suggesting it's not permissible and could jeopardise the employee's job. However, the possibility of finding solutions within specific state or central government acts is also mentioned.

I don't know exactly with relevant provisions...

But,

It's not admissible for Govt Employee... If dept found his business then no way for continuing the job...
I think there is no solution for this :-{
No dear...
Solution may be in state/central govt act as per employment in govt.

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