Difference between wtd and director, who is in employment

This query is : Resolved 

02 February 2012 Dear Sir,
Please solve the problem that what is difference between WTD and a director who is in whole time employment in the company in which he is director.

Please throw the light on it and indicate the relevant provisions in this regard.

Looking forward to your kind reply.

Thanks and Regards,
Harvinder Kumar Dinker

02 February 2012 There is no difference between WTD & Director in whole time employment.

Section 269 provides that 'Whole-time director'includes a director in the whole-time employment of the company.

It has been held by the Bombay High Court that the expression "whole-time director" must refer to a director who spends his whole-time in the management of the company.

02 February 2012 Thanks a lot Mr. Mitesh


Profile Image

Guest

Profile Image

Guest (Expert)
02 February 2012 Agree with Mitesh.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries