Member of company

This query is : Resolved

Shreyalmuri (Querist)
Follow

21 January 2010 Anybody pls let me know whether a Society registered under societies act 1960 can become a Member of the Company?

Ankur Garg

Ankur Garg (Expert)
Follow

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.

Shreyalmuri

Shreyalmuri (Querist)
Follow

21 January 2010 Thanks :)

Regards
Sree :)

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now