Is there a profit sharing ratio in Pvt Ltd company
This query is : Resolved
Ashwin Kumargl
(Querist)
26 January 2021
Hello Team,
My Self Ashwin Kumar Gl and i am one of the directors in a pvt ltd company and i have 2 more directors and both of have invested less then me and they want to have equal partnership and equal profit sharing ratio hence i wanted to know if a directors of a pvt ltd company have equal profit sharing ratio or is only that we can take remuneration out of company or even the profits of the company if its profit is based on the investment made to the company. also as all the directors of the company as equal rights on the company and its management
A best suitable answer would be good as i am facing issues in the company.
Thank you.
Regards
Ashwin Kumar Gl
My Self Ashwin Kumar Gl and i am one of the directors in a pvt ltd company and i have 2 more directors and both of have invested less then me and they want to have equal partnership and equal profit sharing ratio hence i wanted to know if a directors of a pvt ltd company have equal profit sharing ratio or is only that we can take remuneration out of company or even the profits of the company if its profit is based on the investment made to the company. also as all the directors of the company as equal rights on the company and its management
A best suitable answer would be good as i am facing issues in the company.
Thank you.
Regards
Ashwin Kumar Gl
CA R SEETHARAMAN
(Expert)
26 January 2021
Dividend (out of profit) can be taken based on investment made only.
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