i am an employee of PSU formed by an act of parliament, my uncle is opening a private ltd company. can i be the director of that company without any complication in my existing job.
Sujit Saha (CA Final Stud) (50 Points)
26 January 2010i am an employee of PSU formed by an act of parliament, my uncle is opening a private ltd company. can i be the director of that company without any complication in my existing job.
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 26 January 2010
Hello Sujit,
Yes you may be appointed as a director in newly formed pvt. co. of your uncle. Appointment as an ordinary director would be a safe option. Do not accept the designation of whole time director or MD.
As far as your existing job is concerned kindly refer the currect terms and conditions for any kind of restrictions.
Best Regards
CourseCart.in
(Mentor at SHAYVIDZ Academy)
(3756 Points)
Replied 26 January 2010
Fully Agree wid Ankur Sir..
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
