Can a non-executive director be an employee of a company?
Regards
Souvik Kumar Ghosh (CA Final) (1368 Points)
24 October 2012Can a non-executive director be an employee of a company?
Regards
manpreet.kaur
(Student)
(184 Points)
Replied 25 October 2012
Dear Souvik
No , a non-executive director cant be an employee of the company
Non Executive Director means a director who is neither in full time employment nor a managing director of the company. and also he is an independent director and if he becomes the employee how can he take independent decisions?
An employee is in full time employment of the company and engaged in day to day working of the company.Hence cant be non executive director of the company
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
