Director of a company

prithwish sengupta (Querist) 03 September 2011 This query is : Resolved
can a full time director be a consultant to the same company in which he is serving as a director?

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Sailesh Kumar Shah (Expert) 03 September 2011
In which capicity ?

prabhakar singh (Expert) 03 September 2011
consultant of what?/

Advocate. Arunagiri (Expert) 03 September 2011
A full time Director, can not be a consultant for his own company.

Sailesh Kumar Shah (Expert) 03 September 2011
Agreed with Mr. Arungiri that A full time Director, can not be a consultant for his own company.
However, he can take excess salary, if he consultant in the capacity Professional by Resolution of the company & necessary approval, as the case may be.

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