hi ! Experts !
I some have question for build new pvt company.
1)Govt.Servent can be director of company?
2)It is possible two directors are also Capital share holder?
Raj Rathod (Service) (28 Points)
05 November 2010I some have question for build new pvt company.
1)Govt.Servent can be director of company?
2)It is possible two directors are also Capital share holder?
Ronak
(Trainee)
(126 Points)
Replied 03 December 2010
Hi Raj,
As per my opinion , Companies Act (Section 253 & 274) only talks about who cannot be a director. It is silent on who can be a director. So answer to both ur q r yes.
Rgds, Ronak
Yogesh Shah
(Managing Corporate Finance)
(1051 Points)
Replied 03 December 2010
Hi Raj,
Answer to both
Govt. servant can be a director of private co. provided he has taken DIN (Director Identification No.).
In private co. this is general practice that both the directors are also sole shareholders.
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