Is it necessary that all the directors of a company should compulsarily hold the company's share?
4 Replies
CA Abhash Mishra
(Chartered Accountants)
(598 Points)
Replied 11 November 2008
Not it is not necessary.
S.Srinivasaraghavan
(Chief Financial Officer and Co)
(11318 Points)
Replied 11 November 2008
Not necessary if the Articles do not insist.
Prabeer
(B. COM (H) CA & CS Final)
(5484 Points)
Replied 11 November 2008
No it is not at all necessary, that all the directors of a company should compulsarily hold the company's shares.
Jayashree S Iyer
(Company Secretary)
(3224 Points)
Replied 23 December 2010
Director is not required to hold any shares unless the articles provide otherwise.
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