Can a CA in employment be a Director of a Private Limited Company? Is it necessary to intimate the institute about the same ?
Also, can a private limited company be formed without any employees
CA Saroj Kumar
(Keen to learn something new every moments)
(2588 Points)
Replied 08 August 2014
There is required to intimate the Institute....
Sabin Pokharel
(student)
(176 Points)
Replied 08 August 2014
Yaa of course he can be a director. I don't think it is required to inform to the institute as he is not in practice.
Regarding formation of private compay without employees, there is no any restrictions in Companies Act.