Director with no liability
This query is : Resolved
Saransh Gupta
(Querist)
07 February 2015
Can a person be a Director in a company (with 26% Shareholding) without having no liability with the Company?
What are the possible alternatives if a person wants to take 26% shareholding in a company without having any liability to the Co?
The Co is a Pvt limited Co.
What are the possible alternatives if a person wants to take 26% shareholding in a company without having any liability to the Co?
The Co is a Pvt limited Co.
07 February 2015
the director can be additional/independent director but when he/she enter into the contract on behalf of the company. he/she will make himself/herself liable for the act on behalf of the company
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