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whole time director vs director
what is a whole time director and do we need any for a new startup or is it same as founding directors
Replies (3)
As per section 2(94) of Companies act 1013
“whole-time director” includes a director in the whole-time employment of the company;
Founding director can be WTD if resolution specifies so and Form DIR 12 mentions so.
“whole-time director” includes a director in the whole-time employment of the company;
Founding director can be WTD if resolution specifies so and Form DIR 12 mentions so.
further appointment of WTD shall be in compliance of section 196 of the Act
k thank you
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