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Shareholder

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(Querist)
25 September 2013 Is there any restriction under companies bill 2012 on becoming a shareholder in more than 1 pvt. ltd. co. or holding any specified % of shares in a pvt. ltd. co.

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Ankur Garg

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Ankur Garg (Expert)
25 September 2013 As far as I know and understand the new act, there is no such restriction placed.

You can become shareholder of more than 1 company.


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Hitesh Khandelwal

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Hitesh Khandelwal (Querist)
25 September 2013 And also, is there any tax implication if a shareholder gives unsecured loan in more than 1 pvt. co.
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