Can pvt company director run own proprietorship firm

madhu (CA Practice ) (792 Points)

11 March 2016  

it is poissible for directors of pvt company to run sole proprietorship firm

for example if ABC Pvt ltd. is formed with 3 directors and all the three directors is having individual  proprietoship firm

is it possible???

can they purchase goods from their Proprietorship firm for pvt ltd. instead of purchasing outside market.