Is it legal to buy shares of a private limited company while still on a full time employment of another company? The shareholding amounts to 4% only. Not in a position to check with the HR of the current employer on this. Any thoughts on this?
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Employed and hold shares of pvt ltd company
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Summary: Holding shares in a private limited company while employed full-time is generally legal under Indian law, provided it does not violate your employment contract (such as non-compete clauses or full-time commitment policies) or result in a conflict of interest. Ensure your role is strictly that of a passive investor and not an active director or employee of that private company.
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