Professional as diretor without shareholding
This query is : Resolved
20 May 2013
Can a Professional become diretor of a company without shareholding and what are the provisions applicable to it.
20 May 2013
Any person wether professional or not can stand for directorship in any GM of a public co. He is only required to give a 14 days notice along with a fees of Rs 500 which shall be refunded in case he gets elected.
But all these provisions do not apply on private company. For more read section 257.
But all these provisions do not apply on private company. For more read section 257.
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