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Can ca be shareholder in pvt ltd co.

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(Querist)
18 June 2013 Whether CA can be shareholder of Pvt. Ltd. Co.
Purchase of shares is purchase of ownership. So, whether it would be considered as running business in the eyes of ICAI.

Pls. anyone guide me in this matter.

Thanx
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Ajay Mishra

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Ajay Mishra (Expert)
19 June 2013 Hi

Yes, a CA can be promoter/director/shareholders of the company.

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