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Director's role for compliance on a pvt. ltd. company

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(Querist)
10 December 2016 Director of a Pvt. Ltd. Company wants to keep share holding but does not want to share responsibility and bear losses and compliance of the company.
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CA Suresh Jain

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CA Suresh Jain (Expert)
11 December 2016 They should resign from the directorship or convert Company to LLP

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