Please Help: director
Posted Date : 13-Jan-2012 , 12:54:52 pm | Posted By: Irfan Ansari
Category :
Corporate Law | Answers :
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Comments :
5| Hits: 497
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Is a CA(practicing)may a deemed director?
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Answers:
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 Answer by: PRIYANKA |
| Practising CA cannot be a whole time director in a company. But he can be a non executive director as well as promoter of a company. He will be guilty of professional misconduct if he accepts appointment as WTD in a company.
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| Answer by: Rambabu Senkarasetti |
| He can only become non executive director
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| Comments |
| Posted By : Irfan Ansari |
06-Feb-2012, 03:58:36 |
| thanks to all for your reply and clarification on this topic.
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| Posted By : Deepa Jain |
30-Jan-2012, 03:26:11 |
| As the Priyanka said A Practicing CA can not be a whole time director and can not work as a executive director, if he do so he will be professional misconduct, But the question, as per Irfan Ansari, is a Practicing CA be treated as deemed director?
In accordance with whose direction or instruction , the Board of Directors of a company is accustomed to act shall be deemed to be the director of the company.
However if the board of directors act on advice given by a person in his professional capacity (Practicing CA) he will not be considered as a deemed director of the company. |
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| Posted By : Lavina Bajaj |
17-Jan-2012, 03:11:06 |
| he can only be a non executive director of the company.. |
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| Posted By : PANKAJ BANSAL |
13-Jan-2012, 03:58:36 |
| as per my opinion ca can be director in the company with d permission of Institute |
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| Posted By : Rishabh Upadhyay |
13-Jan-2012, 02:16:40 |
| A practising CA can only be a non executive director. . Not an executive director. . But yes . . He can be a director. . ( i personally know a few ca's who are practising and also a director of a company) |
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