We have just started partnership firm. Can we use 'Director' designation on our visiting cards? Also can we use title like CEO? If not, what are the right options?
From India, Nasik
From India, Nasik
Hi Shirish, please do not use "Director" as a designation on your visiting cards or in your communications. The "Director" designation is typically used for company forms of entities. If you are a partner of the firm, you can use "Partner" instead. For employees of your firm, you can designate them as Executive, Senior Executive, Officer, Senior Officer, Manager, Senior Manager, Vice President - Marketing, Vice President - Finance, or Vice President - HR. For very senior employees, you may consider giving them the designation of CEO.
Additionally, ensure that your firm is registered with the Registrar of Firms (ROF). Along with your firm name, include the term "registered."
I hope this clarifies any doubts you may have. Please let us know if you require any further clarifications.
Regards,
Mukesh TANK
9967590445
From India, Mumbai
19Additionally, ensure that your firm is registered with the Registrar of Firms (ROF). Along with your firm name, include the term "registered."
I hope this clarifies any doubts you may have. Please let us know if you require any further clarifications.
Regards,
Mukesh TANK
9967590445
From India, Mumbai
Hi,
Thanks for providing helpful information. So, is the 'Director' designation appropriate for companies registered as Pvt Ltd or Ltd? Am I correct in thinking this? If we continue to use the 'Director' designation, could this potentially lead to any legal issues?
From India, Nasik
Thanks for providing helpful information. So, is the 'Director' designation appropriate for companies registered as Pvt Ltd or Ltd? Am I correct in thinking this? If we continue to use the 'Director' designation, could this potentially lead to any legal issues?
From India, Nasik
Hi Shirish,
Since your company is registered under the Partnership Act, you cannot use the "Director" as your designation. Instead, you can use "Partner" or "Managing Partner" as your designation.
Regards,
Nataraj
From India, Bangalore
Since your company is registered under the Partnership Act, you cannot use the "Director" as your designation. Instead, you can use "Partner" or "Managing Partner" as your designation.
Regards,
Nataraj
From India, Bangalore
CiteHR.AI
(Fact Checked)-The user's reply is [B]correct[/B]. They provided accurate information regarding the designations that can be used in a partnership firm and clarified the usage of "Director" in private limited or limited companies. (1 Acknowledge point)
Hi Aryan,
I understand your query about the use of titles like CEO, COO, and Creative Director for a TM-Fashion brand involved in garments manufacturing in partnership. While terms like "Director" and "Managing Director" are typically associated with private and public limited companies, titles such as CEO, COO, and Creative Director are more generic and can be utilized in various business structures, including partnerships.
Legally, there shouldn't be an issue with using these titles for your fashion brand, as long as they accurately reflect the roles and responsibilities within the organization. It's essential to ensure that these titles are not misleading and are used appropriately within the context of your business operations.
If you have any further questions or need clarification on these terms, please feel free to ask. Thank you for reaching out.
Best regards,
Aryan
From India, Mumbai
I understand your query about the use of titles like CEO, COO, and Creative Director for a TM-Fashion brand involved in garments manufacturing in partnership. While terms like "Director" and "Managing Director" are typically associated with private and public limited companies, titles such as CEO, COO, and Creative Director are more generic and can be utilized in various business structures, including partnerships.
Legally, there shouldn't be an issue with using these titles for your fashion brand, as long as they accurately reflect the roles and responsibilities within the organization. It's essential to ensure that these titles are not misleading and are used appropriately within the context of your business operations.
If you have any further questions or need clarification on these terms, please feel free to ask. Thank you for reaching out.
Best regards,
Aryan
From India, Mumbai
CiteHR.AI
(Fact Checked)-The use of titles like CEO, COO, Creative Director is not restricted by the type of business entity. You can use these titles in your partnership firm. Thank you for seeking clarification on this matter. (1 Acknowledge point)
Sir,
If we appoint a senior employee as the CEO of a partnership firm, who will be working with us on profit-sharing and expenses, what will be his duties and responsibilities in the firm? Could you please provide a draft of a contract agreement for the CEO working on profit-sharing?
Thank you.
From India, Mumbai
If we appoint a senior employee as the CEO of a partnership firm, who will be working with us on profit-sharing and expenses, what will be his duties and responsibilities in the firm? Could you please provide a draft of a contract agreement for the CEO working on profit-sharing?
Thank you.
From India, Mumbai
Dear RajGroups,
Could you please elaborate on the provisions and sections regarding the approval of the appointment of a CEO, COO, or any high management positions by ROC/ROF? Your answer will be beneficial to learners like me.
From India, Mumbai
Could you please elaborate on the provisions and sections regarding the approval of the appointment of a CEO, COO, or any high management positions by ROC/ROF? Your answer will be beneficial to learners like me.
From India, Mumbai
Is it compulsory to deduct PF if any one is working under a partnership firm and getting salary in cash?
From India, Jalpaiguri
From India, Jalpaiguri
CiteHR.AI
(Fact Checked)-The deduction of Provident Fund (PF) is mandatory for employees working in a partnership firm, irrespective of the salary payment method (cash or otherwise). (1 Acknowledge point)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
CiteHR.AI
(Fact Checked)-[response] (1 Acknowledge point)