03 April 2012
I am forming a private limited company in which their are eleven shareholders and from which their are four directors. At the time of drafting of MOA and AOA their are two such clauses which i found difficult to draft it properly the one is Directors of the co and the other is subscription clause in which all the subscribers give their details of name, address, age occupation and shares hold by them. Should I write only those names of the directors i.e., (4) in the clause of directors of the company and all the shareholders names i.e., (11) in the last clause which is subcription clause ? Waiting for reply.
CAclubindia
