Loss sharing

Ours is a Pvt Ltd company having two directors with 50:50 shares .The company is showing losses as per balance sheet .The other director wants to resign and transfer the shares to me or my family members . How will the losses be shared . I am interested in continuing the business further

ssj

Replies (1)

in private company two directors are must. you can transfer the shares and appoint some from your family as second director

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