Company formation


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Querist : Anonymous

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Querist : Anonymous (Querist)
25 August 2012 Dear Sir,
One of my client want to form a pvt ltd. Whether he alone can be a sole promotoer/ director in the company.

Regards.

Ajay Mishra (Expert)
25 August 2012 Hi

No,As per section 12, and 252 of the Companies Act, 1956 it is not possible.

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 August 2012 So, how many persons he has to involve in his firm?

Ajay Mishra (Expert)
25 August 2012 minimum to person required for being promoter and director.

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 August 2012 Whether, 2 person are sufficient complete the quorum.

Ajay Mishra (Expert)
25 August 2012 Hi

In private company it will be sufficient to constitute the Quorum.


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