A pvt. ltd. company has three director, one of them wishes to resign and leave the company but he wants to hold his shares in the company say 20%. The business of the company is of education. So, can the resigning director do the job or become director of any other company who is in the same industry of education.
| Originally posted by : Tejpal Sheth | ||
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Resigning director can do job or can become director of same segment company except if has entered into employment agreement with company containing restrictive clause |
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Agree!!!!
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