Can karta of HUF be appointed as director of company?
CA. MOBIN SAYYED (Sr. Team Leader) (114 Points)
27 November 2009Can karta of HUF be appointed as director of company?
Ratti Wahal
(Company Secretary)
(139 Points)
Replied 27 November 2009
Dear Mubeen,
As per my knowledge, there is no restriction regarding appointment of Karta as Director of a Company.
Regards,
Ratti Wahal, ACS
Assistant Manager
Kapgrow Corporate Advisory Services Private Limited
E-173, Kalkaji, New Delhi-110019
Contact No(s).: 011-40553774, 9310270885
e-mail: ratti.wahal @ kapgrow.com
Contact No.:
CS Arpita Rajpurohit
(Company Secretary)
(1111 Points)
Replied 27 November 2009
yes he can be appointed... any person in his individual capacity can be appointed as a director.