Menu
Company law
As per sec. 270, a director must hold qualification shares within 2 months if it is required by the articles but my question is that whether wife's shareholding can be treated as the share qualification of newly appointed director???
Replies (3)
His wife is also director of this Company ??????
no his wife is not a director in that company. she is only registered shareholder in that company.
The shares held by the wife of the director can not be treated as the qualification shares of director.
Section 270 clearly requires holding of qualification shares by the director & for this, he must be the registered shareholder.
Recent Threads
- Invoice related audit
- Gst input credit related
- Updated ITR as missed the dead line
- Change if place of business l
- Purchase from unregistered dealer garments busines
- TDS DEDUCTED BUT NOT PAID BY EMPLOYER
- GST RCM GTA
- TDS Challan interst amount wrongly paid as surchar
- Query on TDS & Stamp Duty
- Query on form 26QB and TDS deduction
Related Threads
CAclubindia
