Can a person act as a director as well and Company secretary at a time?
Is it permitted under company law, if it is private company having less than Rs 5 crores paid up capital?
Please clarify my doubt?
Menu
Regarding company secretary
Replies (3)
A wholetime company secreatry can act as a non executive director in any of the company.it is not prohibitted under the companies act 1956
ANY ONE CAN BECOME A DIRECTOR OF A PRIVATE LTD. PUBLIC LIMITED COMPANY OR ITS SUBSIDIARY PROVIDED HE IS NOT DISQUALIFIED UNDER SEC.274 OF THE COMPANIES ACT, 1956.
THE LIMITAION OF 15 COMPANIES DIRECTORSHIP SHOULD NOT BE BREACHED .
REGARDS
TANVEER MOHAMMAD MASOOD
A Full Time Company Secretary may be non executive director in the company but in addition to the minimum number of directors required ie 2 in pvt co and 3 in public co.
Recent Threads
- International Tax clarification UK.
- E way bill expired penalty
- Best SME Focused AIF Funds in India for High Growt
- How does employee management software help in stat
- Clarification Required – Section 18 of Wage
- How to split freelance project income with a frien
- 194a for A y 2024-25
- Compensation & Benefits
- SAC code and GST rate transport services for anima
- Section 44AB is Gone — How Different is Tax
Related Threads
CAclubindia
