Additional director

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kuldeep (Querist)
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22 August 2011
We are three additional director ( recently appointed ) in company & holding 25% share each in company & one director holding balance 25% share in company. We are in company for a particular project and after completion of project we will resign from the company, is this additional director ship can protect our 75% share holding in private limited company

pl. update your expert comments on the same

RG - A Helping Hand

RG - A Helping Hand (Expert)
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25 August 2011 director ship and shareholding are 2 different things.

Your additional director shill will terminate after some time but that does not mean that your shareholding will also be terminated automatically.

Am sure after some time company will ask u to transfer those 25% shares.