Percentage of shareholding in private ltd. co.

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

11 December 2012 Dear all,

Can anyone suggest me that "is there any limit prescribed in the companies Act over the percentage of shareholding of a director of the Com."

"If a director is holding 50% or more shares of the company then what will be the consequence?"

Ajay Mishra

Ajay Mishra (Expert)
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11 December 2012 Hi

There is no maximum limit.

The provisions of become holding provisions will not apply if more than 50% paid up capital is held by director or any other Individual.

Director can hold any percentage of shares subject to the company's articles.

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