Hi,
Case:
A person being a share holder and also a director of an existing private company, formed one more private company in which he is also a shareholder and director of a new company
My Query:
What are the different sections of company act under which he is governed ?
Different forms to be filed with ROC in respect of both the companies ?
Any other procedural compliance's to be complied with ?
In your case both the entities will be treated as different private limited companies. Only you have to take care about the related party transactions between these two companies. for Compliance part request you to visit and go through a PPT posted by me on this website. This will help you.
RMA And Associates LLP
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