Director
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 July 2011
Dear All
I have a small Doubt about director ship of a person in a PVT LTD company i.e. CAN A PERSON WITHOUT HAVING ANY SHARES BECOME A DIRECTOR of that company "plz clarify" its urgent
I have a small Doubt about director ship of a person in a PVT LTD company i.e. CAN A PERSON WITHOUT HAVING ANY SHARES BECOME A DIRECTOR of that company "plz clarify" its urgent
02 July 2011
It depends on the Articles of Association of a particular company whether it has a directors share qualification clause or not.
03 July 2011
Yes, a person can become Director of Private Company without holding any shares.Also section 270 of Companies act which speaks about qualification shares does not apply to a Private Company unless it is a subsdiary of Public Company.
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 July 2011
Thank U all
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