TaxTMI 
TaxTMI 
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.
CO. ACT 2013 - DIRECTORS
15 Dec 2014 
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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. (AI Summary)
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. (AI Summary)