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Can one Member Hold 100% Shares?

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Student
22 Points Posted on 24 August 2018
Can one member of a private company hold 100% shares?
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On 24 August 2018 at 00:05 Report
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3 Points Posted on 24 August 2018
No there should be at least 2 members in a private co. but in case of opc one person can hold 100% shares
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On 24 August 2018 at 07:33
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Studnet
347 Points Posted on 24 August 2018
Only possible in case of OPC.

He can hold in other companies, but He has to ensure shares are not in his name.
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On 24 August 2018 at 08:48
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2 Points Posted on 24 August 2018
atleast 2 member mandatory
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On 24 August 2018 at 15:53
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Chartered Accountant
12739 Points Posted on 24 August 2018

2 MEMBERS REQUIRED 

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On 24 August 2018 at 16:06

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