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
2 Replies
CS RAJESH C.CHOUDHARY
(ASSISTANT MANAGER)
(14607 Points)
Replied 26 December 2011
Yes he can if the functioning of both jobs are not in conflict with each other.
CS RAJESH C.CHOUDHARY
(ASSISTANT MANAGER)
(14607 Points)
Replied 26 December 2011
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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