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Director Ship of Executive Director

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(Querist)
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
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Ankur Garg

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Ankur Garg (Expert)
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
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CS Vandana Kacholia

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CS Vandana Kacholia (Expert)
19 November 2009 agree with suggestions.
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