Can an advocate become executive director

Querist : Anonymous (Querist) 28 November 2011 This query is : Resolved
can an advocate become executive director

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Shailesh Kumar Shah (Expert) 28 November 2011
No, he can not become executive director as per BCI Rules.

Shailesh Kumar Shah (Expert) 28 November 2011
Extracts:-
"Section VII-Restriction on other Employments

48. An advocate may be Director or Chairman of the Board of Directors of a Company with or without any ordinarily sitting fee,
provided none of his duties are of an executive character. An advocate shall not be a Managing Director or a Secretary of any
Company."

Rajeev Kumar (Expert) 28 November 2011
Agree with shah

Arun Kumar Bhagat (Expert) 28 November 2011
No, he can not. He has to surrender his licence of Practice.

prabhakar singh (Expert) 28 November 2011
He will have to choose between the two and without sacrificing the registration under Advocate's Act he can not accept executive directorship of any company.

Advocate. Arunagiri (Expert) 28 November 2011
Executive director is a full time job in the company. Advocate can not work in any company.

He has to choose either the job or profession.

Heaven 2011 (Expert) 29 November 2011
But he can be appointed as an independent director and is entitled to accept the sitting fees.

Raj Kumar Makkad (Expert) 29 November 2011
The only answer to your question is "No".

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