Ca can become a director of public ltd company

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 December 2012 Dear sir,

Please tell me that whether a full time practicing chartered accountant can become a director of a Public limited company.

Please reply at the earliest in details.

Thanks in advance

Ajay Mishra

Ajay Mishra (Expert)
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15 December 2012 Hi

Yes, he become a director. For more details go to the following link:

http://220.227.161.86/7536m_engage.pdf

Querist : Anonymous

Querist : Anonymous (Querist)

15 December 2012 Dear sir,

If the Chartered Accountant is a karta of a HUF than also he can become a director.
Please clarify.

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Ajay Mishra

Ajay Mishra (Expert)
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15 December 2012 Hi

Karta is of HUF for this their is no provision but to become director The Ca Regulation has some provision.

So you are free to appoint as Karta and Director.

Hari Beldona

Hari Beldona (Expert)
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15 December 2012 Joint Hindu Family is a unique thing, as per Hindu Law. As per Income Tax Act,1961 HUF is a person, means a conceptual entity represented by karta in no way bar a Chartered Accountant becoming a director of a company in his individual capacity though he is a karta