PROMOTERS Vs DiRECTORS
This query is : Resolved
31 January 2011
is there any restriction in company law for a promoter to become director in a company(Private and Public)???????????
Please reply soon
Please reply soon
01 February 2011
There is no such restriction. In many small private companies promotors are the only directors.
01 February 2011
Agreed with the expert but a Promoter Director of the Company cant be treated as an Independent Director on the Board of Directors of the Company. So,you must bear this point in mind before appointing him as Director of the Company.
God Bless
CS Udit Sharma
God Bless
CS Udit Sharma
26 February 2011
thanks a lot sir!
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- Import license renewal
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
