Shares for new director..

This query is : Resolved

Umamaheshwaran (Querist)
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11 May 2012 Hello Friends,

I have added as an additional director to a pvt ltd company and as per the board meeting directors decided to transfer 15% of shares on my name. Please let me know the procedures to complete this task and is there any shares added once I became director. Please advise.

Thanks
Uma

Ajay Mishra

Ajay Mishra (Expert)
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11 May 2012 Hi

Please confirm whether director hold shares of the company and it is on director discrition to transfer his shares and no need to approved by Board.