19 November 2011
Respected Experts Is it possiable that a person can hold 100% paid up equity share Capital of a Private limited Company Again is it possiable that a person can hold the post of a director in a private limited company without holding any equity shares into that company Thanks Debashis Mandal
19 November 2011
No,one person cannot hold 100% shares in a Private Company.A Private Company is formed with minimum two subscribers.Thats means there should be minimum two shareholders.
Secondly, Yes one can be a Director of Company without holding any Shares unless article states otherwise...
19 November 2011
No,one person cannot hold 100% shares in a Private Company.A Private Company is formed with minimum two subscribers.Thats means there should be minimum two shareholders.
Secondly, Yes one can be a Director of Company without holding any Shares unless article states otherwise...
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