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Can a Working professional form it's own pvt. company

(Querist) 18 February 2011 This query is : Resolved 
Can a person who is working in a MNC company form a private company and become a managing director of that company?

Is this possible? than how?
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DEFENSE ADVOCATE.-firmaction@g (Expert) 18 February 2011
If the employer have no objection.
Basavaraj (Expert) 18 February 2011
No he cannot form or flat a Company during his service with existing Company.

Either he has resign or take prior written permission from the employer.
Kirti Kar Tripathi (Expert) 18 February 2011
if service condition of employee permits then he can otherwise not.
Farhat jahan (Querist) 20 February 2011
Thank you sir for your reply .

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