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Aravind.K., (Consultancy)     14 December 2012

Practicing lawyers on company board

Dear Gentlemen,

I wish to know if a lawyer practicing in Indian Courts can be inducted in a Company's Board as Executive Director in India.

Thanks and regards,

Aravind



Learning

 2 Replies

sunil (cs)     15 December 2012

Dear ,

 

An advocate enrolled on bar council can not be in full time employment with any orginisation as per bar council rules, therefore not permissible.

 

Thanks

 

Sunil

Amritesh Mishra (Advocate)     15 December 2012

An Advocate may be a Director or chairman of board with or without ordinary sitting fee, however none of his duties should be of executive nature. An advocate shall not be a managing director of a company. So It is advisable to be non executive director of  a  company.


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