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Minimum number of members in private ltd company

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(Querist)
31 July 2009
As per the provosions of companies act In private ltd company there should be minimum 2 members but if a company is 100% subsidiary of a pvt co., then are we breaking any provisions of companies Act 1956.
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Ankur Garg

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Ankur Garg (Expert)
31 July 2009 No you are not violating any provision.

In any case if a company is a pvt co. minimum no. of member required is 2.

Regards
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
31 July 2009 in 100% subsidiary also mini 2 no. of members required
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
31 July 2009 in 100% subsidiary also mini 2 no. of members required
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Ankur Garg

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Ankur Garg (Expert)
01 August 2009 Yes above observation in case of 100% subsidiary is correct.


Regards
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Moiz

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Moiz (Querist)
01 August 2009 so are we breaking any provisions of companies act or not

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