Shareholder can become director

This query is : Resolved 

26 April 2013 Is shareholder eligible to become director???

26 April 2013 Hi


Yes, a shareholder can become a director of the company. You can appoint him as director if he is an Individual.

26 April 2013 Yes shareholder can become director provided he is not suffering from any other disqualification under section 274(1) of the Companies Act, 1956.

26 April 2013 But ownership & management should be different in company..


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