Co. law

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Querist : Anonymous

Querist : Anonymous (Querist)

05 May 2010 can a new additional director appointed for a private ltd company be also an executive director of the same company? or the concept of additional & Executive director is totally different ?

Jagruti (CS)

Jagruti (CS) (Expert)
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05 May 2010 Yes, additional Director can eb appointed as Executive Director of the Co.

Executive director means a Director who devotes his maximum time in business of the Company like an employee.

Additional Director means director who is appointed by Board & who holds directorship only upto next AGM & he shall appointed by Members in AGM.