Advertise With Us

    Appointment of CFO as Director in Private Co.

    Posted By : CS Gaurav / Published on : 12-Apr-2018 01:43 AM / View : 736 / Comment : 0

    Print button
    I'm stuck with one question which is the appointment of CFO as the executive director in a private company. Though pvt. company doesnt mandate KMP. Since he was signing on the balance sheet, I have appointed him as CFO of the company and filed the form. Now, the board wants to make him Executive director along with CFO. Can a whole time KMP also be a whole time director in the same company ?? I have read section 203, but it seems unclear on this. My view is that since both the designation require full time effort, its not possible. Please substantiate !!
    Read more on : private director appointment

      Please Select File:



    Other Queries from CS Gaurav
    Latest Queries
    Like us on Facebook
    Follow Us on Twitter

    We are always here to help you. Don’t hesitate to contact us anytime!

    +91-9988424211 or ask@compliancecalendar.in