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15 April 2015 Hi I want to set up a private ltd company with my family members with parents as directors (since they are the only one who are permanently available in India )

Do directors also have to be shareholders?
Do directors have to be paid a salary?
Do I need a business bank a/c? Does the account need to be set up only after company registration?
Who would be the signatory authority on the bank a/c ?
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Arpit Shah

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Arpit Shah (Expert)
15 April 2015 https://csmart.co.in/blog/?p=110
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Arpit Shah

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Arpit Shah (Expert)
15 April 2015 https://taxguru.in/company-law/compliances-care-private-company-companies-act-2013.html
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