I am a director in Ltd company with minimum share and i going to resigne from Director ship, what will happen to my sahre or can i transfer the share to my husband and appoint as a director in the company .. can we do this.. pls help
3 Replies
CS GK Murty
(Company Secretary)
(225 Points)
Replied 09 July 2014
Yes, you may transfer the shares in favour of your husband through form SH-4 duly stamped & signed. U/s 161(1) if the articles confer the powers so, he can be appointed as additional director and thereafter in AGM, he can be regularised as Director.
Vandana J Doshi
(Practising Company Secretary)
(12562 Points)
Replied 10 July 2014
Yes Rashmi you can do as Murty ji said.....or even after resignation, you can hold the shares if you so desire......
Rajiv Agrawal
(Company Secretary)
(82 Points)
Replied 11 July 2014
Hi vandana,
Please confirm me whether it is that every listed comp. should appoint CA as his CFO or he may be any other professional like MBA
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