Member of company
This query is : Resolved
21 January 2010
Anybody pls let me know whether a Society registered under societies act 1960 can become a Member of the Company?
21 January 2010
A registered co-operative society
A registered co-operative society may become a member of a company, provided it is recognised as a separate legal entity and a society can be treated as a person having separate legal entity apart from the members constituting it and thereby capable of becoming a member of a company under section 41(2) of the Act.
A registered co-operative society may become a member of a company, provided it is recognised as a separate legal entity and a society can be treated as a person having separate legal entity apart from the members constituting it and thereby capable of becoming a member of a company under section 41(2) of the Act.
21 January 2010
Thanks :)
Regards
Sree :)
Regards
Sree :)
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