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Shareholders

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 July 2010 A company registered under health care(Company) can this allow one of its employee to become a share holder what are the sections to be verified under the Companies Act.
Thanks
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Ankur Garg

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Ankur Garg (Expert)
26 July 2010 Hi,

There is no restriction in company law and employee can be a shareholder of the company.

Kindly refer section 41 of the companies act, 1956.

REgards
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Querist : Anonymous

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Querist : Anonymous (Querist)
26 July 2010 Just for a clarification the Company is a Hospiral. Thanks Ankur sir.
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Querist : Anonymous

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Querist : Anonymous (Querist)
26 July 2010 tx
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