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eligibility to become a director/board member

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(Querist)
30 October 2009 In a pvt ltd company is there a minimum amount of shares that allows you to become a board member /director by default?
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Ankur Garg

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Ankur Garg (Expert)
30 October 2009 No.

There is no provision in company law which can make any one automatically a director.

For appointment specific board resolution is required to be passed.

Regards
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CS Vandana Kacholia

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CS Vandana Kacholia (Expert)
30 October 2009 agree with suggestion.
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