Director of a pvt. ltd. co.

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Hi!!!

Can a director of a PVT. Ltd. company ( Consultancy Business) give consultancy to other company/agency in its individual capacity???

Any write up or exerpts will be welcomed.

 

Thanks

Replies (2)

Yes he can if the functioning of both jobs are not in conflict with each other.

Yes, he can. Subject to two conditions that:-1. He should not be whole tine director and2. Interest of the company, in which he is director, should not affect. After all role of Director in the company have fiduciary position.


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