My Query is , as per LLP Act & Company act, who can become a designate partner/director of a firm .
Are a government employee working on contract permitted to be designate director/partner
Please reply with relevant provisions of act
siddharth (student) 01 May 2014
My Query is , as per LLP Act & Company act, who can become a designate partner/director of a firm .
Are a government employee working on contract permitted to be designate director/partner
Please reply with relevant provisions of act
T. Kalaiselvan, Advocate (Advocate) 05 May 2014
A government employee cannot be considered to be a government employee if he is stated to work on a contract basis. He is not at all an employee, it is just a temporary arrangement. However,it may not be permitted to become a partner or a director of the firm which is dealing with the same business wherein he is presently employed on a contract basis.
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