Can a limited company hold 100% shares in a private limited company ?
1 Replies
HARDIK
(COMPANY SECRETARY NCFM (Corporate Governance ))
(664 Points)
Replied 18 March 2010
Hi
As per companies act 1956 at least there should be minimum two member in case of private company. Since in your company you have to give at least one share to other person and rest with public company.
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