Can ca be shareholder in pvt ltd co.

This query is : Resolved 

18 June 2013 Whether CA can be shareholder of Pvt. Ltd. Co.
Purchase of shares is purchase of ownership. So, whether it would be considered as running business in the eyes of ICAI.

Pls. anyone guide me in this matter.

Thanx

19 June 2013 Hi

Yes, a CA can be promoter/director/shareholders of the company.


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