Yes, a salaried person or person in employment can become director of a public limited company, private limited company or LLP. However, one needs to check the employment agreement if that allows for such provisions. In a lot of cases, the employers are quite comfortable with the fact that their employee is a director in another company. However, if there’s a restriction in becoming a director of a company, one can hold shares in a company and become a shareholder alternatively.
By Chandan Todi|2021-09-02T22:18:42+05:30September 2nd, 2021|Categories: Public Company|Comments Off on Can a salaried person or a person in employment become director of a Public Limited Company?