Managing Director of a Private Ltd Company
This query is : Resolved
Quick Summary
Chandra Kala
(Querist)
23 June 2023
Whether a person can become a Managing Director of a Private Ltd Company without share holding? If so, whether he has to obtain DIN and conditions if any.
Whether a person can become a Managing Director of a Private Ltd Company without share holding? If so, whether he has to obtain DIN and conditions if any.
CA R SEETHARAMAN
(Expert)
23 June 2023
No, nominal share holding required.
DIN required.
DIN required.
Chandra Kala
(Querist)
26 June 2023
We understand that nominal share holding reuired to become Managing Director since you put coma after No.
CA R SEETHARAMAN
(Expert)
26 June 2023
Yes nominal share holding required. I said no to your first query.
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