Government employee - Promoter or director

[d.v. gupta]

can a governmet employee presently in service be the promoter and director of a Pvt/Ltd company

[Rama Krishana]

see the rule book which is governing the service of the government employee.

[DEV KUMAR KOTHARI]

As suggested by Rama Krishana See the rule book which is governing the service of the particlur government employee who want to promote soem company or business. There may be some circumstnces in which permission can be granted by employer to engage in such activities.

AI Summary

Government employee outside duties: service rules determine whether permission allows promotion or directorship of a company.
Whether a serving government employee may act as a promoter or serve as a director of a private limited company is governed by the employee's service rules; consult the applicable rulebook because it may prohibit outside commercial engagement or, in some circumstances, the employer may grant permission subject to conditions.