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Querist : Anonymous

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Querist : Anonymous (Querist)
16 January 2017 does a director need to be a shareholder in a private limited company or he can only be a director
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CA Suresh Jain

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CA Suresh Jain (Expert)
17 January 2017 It depends on the provisions of Article of Association of the Company.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
17 January 2017 Director of a private limited company need not be a shareholder as per the Companies Act, 2013 read along with the rules therein , but subject to any entrenchment clause in the AOA of the company.




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