shareholding of the company

This query is : Resolved 

27 October 2010 Please let me know the procedure for conversion of a society into a pvt ltd company.The Society was registered under societies registration act and consist of 9 members and was engaged in welfare activities. Can the shareholding of the above company so formed be as follows:-

Members of the Society :- 98% of the shareholding.

Directors of the Company :- 2% remaining.

28 October 2010 Hi



Please go to the following Link:


https://www.caclubindia.com/forum/urgent-110331.asp



Regards


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