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,
sunil (cs) 15 December 2012
An advocate enrolled on bar council can not be in full time employment with any orginisation as per bar council rules, therefore not permissible.
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.