Govt. servant can be shareholder in private limited company

Yes.

No restriction in law.

WHY NOT .....?

A goverment servant can be a shareholder of a private limited company as there is no bar in law. But being a private company, the Board has to decide whether he needs to clarify his status. Government's do not bar a person from becoming a member.

Arjun mahadevan

A Government Servant can be Shareholder of the Company whether it is a Public Company or Private Company.

If any law put any restriction then that would be against and contrary to the company law.

So A Government Servant can be Shareholder of any Public/Private Company.

BUT THEN, CAN IT BE APPOINTED AS A DIRECTOR (WTD/PTD/OTHERWISE).............I THINK IT CAN'T????!!!

T

It happened to my client , the Registrar has rejected form 1 by saying govt.servant cant be a subcriber to MOA

SIr,

We are having patnership firm(Trading) since 2 years, doing well, and now wanted to go for manufacturing by forming a private limited company to get more persons & fund. Please suggest tthe procedure or any CA who can provide to complete procedure. 

Thanks

Krishna 

email: krishna.marathe @ gmail.com 

What is the procedure of revised annual return and what the fees (amount ) payable by us for the filling of revised for the annual meeting held on 30.09.2009. in which the transferred share during the period are not shown in the original return.