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Max number of shareholders

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(Querist)
29 October 2011 DEAR EXPERTS,

CAN ANYONE TELL ME THAT IS THERE ANY CHANGE IN THE MAXIMUM NUMBER OF SHAREHOLDERS FOR A PRIVATE LIMITED COMPANY.
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CMA Ashutosh Kumar Gupta

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CMA Ashutosh Kumar Gupta (Expert)
29 October 2011 No, I don't think of any such change, it remains to be 50. However in calculating the same exclusion is given for employee or ex-employee members.
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Meenakshi . S

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Meenakshi . S (Querist)
29 October 2011 THANK YOU SIR.



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CA Pabbaraju Laxmi Narasimha

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CA Pabbaraju Laxmi Narasimha (Expert)
29 October 2011 There is no change in the minimum no. of shareholder u/s 11 of companies act/

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