Raj Rathod (Service) (28 Points)
05 November 2010
Nitin Grover
(CS)
(1228 Points)
Replied 06 November 2010
Dear Raj
Yes Govt Servant can be a Director.
Yes Directors can be a shareholder of Company.
Minimum Paid up share capital must be 1 Lakh for a Private Limited Company.
Regards
Krushna
(ACS)
(119 Points)
Replied 08 November 2010
Dear Raj,
Tha goverment servant is not disqualified to act as a director in any company as per the Companies Act, however make sure weather the government allows its employees to undertake directorship in any company.
Regards,
Minal
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