Managing Director of a Private Ltd Company

This query is : Resolved 
Quick Summary
This discussion clarifies whether a person can be appointed as a Managing Director of a Private Limited Company without holding any shares. The consensus is that while nominal shareholding might be required, the individual will definitely need to obtain a Director Identification Number (DIN) and adhere to any other relevant conditions.

Profile Image

Profile Image

(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.
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
23 June 2023 No, nominal share holding required.
DIN required.
Profile Image

Chandra Kala

Profile Image

Chandra Kala (Querist)
26 June 2023 We understand that nominal share holding reuired to become Managing Director since you put coma after No.
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
26 June 2023 Yes nominal share holding required. I said no to your first query.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries


Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member DHANASHRI KARMARKAR DHANASHRI KARMARKAR Pro Member KayOne ConsultingKayOne ConsultingPro Member AGNIHOTRAM RAM NARAYANAAGNIHOTRAM RAM NARAYANAPro Member NISHANT SIPANINISHANT SIPANIPro Member Amar HiroAmar Hiro
Subscribe to Pro
Join an elite circle of professionals



Answer Query



Quick Links



Browse by Category