Director
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 January 2017
does a director need to be a shareholder in a private limited company or he can only be a director
CA Suresh Jain
(Expert)
17 January 2017
It depends on the provisions of Article of Association of the Company.
17 January 2017
Director of a private limited company need not be a shareholder as per the Companies Act, 2013 read along with the rules therein , but subject to any entrenchment clause in the AOA of the company.
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