COMMON DIRECTOR IN HOLDING AND ASSOCIATES CO.
This query is : Resolved
12 July 2021
CAN A PERSON IS DIRECTOR IN HOLDING CO. IS IT ALLOWED SAME PERSON DIRECTOR IN HIS TWO ASSOCIATES CO.
MR X AND MR. Y DIRECTOR IN ABC PVT LTD.
MR. X AND MR. Y DIRECTOR IN XYZ PVT LTD. ASSOCIATES CO. OF ABC PVT LTD
AGAIN MR. X AND MR. Y DIRECTOR IN WXY PVT LTD. ASSOCIATES CO. OF ABC PVT LTD
IS IT ALLOWED, OR ANY PROBLEM AS PER IT OR AS PER CO. LAW
MR X AND MR. Y DIRECTOR IN ABC PVT LTD.
MR. X AND MR. Y DIRECTOR IN XYZ PVT LTD. ASSOCIATES CO. OF ABC PVT LTD
AGAIN MR. X AND MR. Y DIRECTOR IN WXY PVT LTD. ASSOCIATES CO. OF ABC PVT LTD
IS IT ALLOWED, OR ANY PROBLEM AS PER IT OR AS PER CO. LAW
13 July 2021
It's Allowed as per both laws.
20 July 2021
Director of Holding Company allowed to appoint as directors in associate Companies.
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