Director Ship of Executive Director

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Ramesh Chandra Pusola (Querist)
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18 November 2009 Dear All,
Please solve my query which is as follows :

1) How may companines director ship can be hold by an executive director if yes who many and if not why?
2) Can be Non-Executive Chairman can act as a signatory to the bank account.
3) what the basic difference between executive director and non executive director.
Please solve the query.
Thanking you,
With regards
Ramesh Chandra Pusola

Ankur Garg

Ankur Garg (Expert)
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19 November 2009 1. As per Section-275 maximum directorship is 15.

2. Yes

3. Normally whole time director, M.D. and a director drawing salary are considered as executive director. Rest are considered as non executive.

Regards