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?
Menu
Employed and hold shares of pvt ltd company
Replies (1)
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.
Recent Topics :
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Generate E-Way Bill for 4 Nos. Suppliers Involveme
- Section 54F Exemption
- Would you use a free, open-source alternative to s
- Business & Finance
- Report in GSTR 1 ( Credit Note ) for Wrong GST Rat
- Reply of summons issued under section 70 of the cg
- How to Bulk GSTIN Number Verify and Validation
- OPC Annual Filing Defaults – Need Guidance t
- OPC Annual Filing Defaults – Need Guidance t
Related Topics :
CAclubindia
