Amit Kumar Verma (CA Final CS Professional) (501 Points)
01 March 2012This one is a very basic question but please confirm.
Anyone can please tell me how many promotors are required to form a private company..
Regit
(CA.Final)
(320 Points)
Replied 01 March 2012
CS Vijay Daxini
(At Practice)
(732 Points)
Replied 02 March 2012
TWO MEMBERS IS REOUIRED TO FORM A PVT. LTD. COMPANY AS PER ACT
prakash
(Company Secretary)
(1352 Points)
Replied 02 March 2012
Minimum 2 persons required to incorporate private company.
Charu Srivastava
(Company Secretary)
(4210 Points)
Replied 02 March 2012
Agree with patap ji,
Promoters are the ones who form the company.After the incorporation their role ends. If they wish they can become the shareholders or director or both.
For Private Company minimum 2 subscribers and 2 directors are required.
In public Company minimum 7 subscribers and 3 directors are required.
CS Aditya Agrawal
(PCS)
(110 Points)
Replied 03 March 2012
Any no. of promoters may initiate the process to incorporate any type of company. even one or more. Rest as Charu and Pratap said.
Pawan Singhal
(chartered accountant)
(655 Points)
Replied 12 March 2012
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