I am given to understand that with the amended company act, a private limited company can add only 200 members in a financial year. I am not sure whether this is right. can somebody explain this please
vinod
Menu
Addition of members in pvt. ltd. company
Replies (2)
Total number of members of a private company other than OPC cannot exceed 200. Refer Sec.2(68)(ii) of the Act.
Thanks. But the issue is as per the private placement rules only 200 persons can be added. If that is the case, what will happen in case of Producer companies regd. under Sec. 581 B. They are treated as Pvt. ltd companies but may have to add more than 200 persons or register with more than 200 persons. How does it reconcile. Can you please explain.
vinod
Recent Threads
- Who is responcible to pay GST Liability (If Servi
- Excess Payment on RCM
- AOC4 auto population of previous year data
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
- Query under faceless assessment
- Purchase of business
- Refund of ITC for advance paid to overseas supplie
Related Threads
CAclubindia
