The directors of the parent company (pvt. ltd) and that of subsidiary company are same . They are holding shares in the parent company since its incorporation, Now when the Company is opening a subsidiary ,can the directors of subsidiary still hold shares in parent company. Please guide.
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Can director of a subsidiary company hold shares of parent private ltd company
Replies (1)
Yes ,Same directors are appointed in subsy...While shares of Subsy is hold by parent company , SBO declaration may require if exceeding 50% held by any director/promoter in parent in ben 01..
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