CO. ACT 2013 - DIRECTORS

[RAVI SONI]

As per the Companies Act 2013, I want to know whether an individual can be appointed as a WHOLETIME DIRECTOR of two Private Limited Companies.

Which section of Companies Act 2013, is applicable in this regard.

[DR.MARIAPPAN GOVINDARAJAN]

Dear Sir,

The whole time director is the employee of the company. As such he cannot be appointed for more than one company.

Regards,

Dr. M. Govindarajan

AI Summary

Whole-time director status as an employment role prevents simultaneous whole-time appointments across private companies.
The headnote treats a whole-time director as an employee and concludes that, on that basis, a person cannot be appointed as a whole-time director of more than one private limited company; no specific statutory section is cited.