whether the director who is not the shareholder of the company, is a member of the company??????
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Please help its urgent!!!!!!!!!!!!
Replies (38)
No man only a Director who is holding a qualification shares if required will be Shareholder of that company otherwise not.
thanx but i am not a man plz
member = owner = shareholder... so a director not holding any shares in the company is not a member... juss a representative of the members of the co...!
THANX
agree wid ankit..
Problem is resolved thanx
i have a different view
if a director signed in the AOA/MOA or subscribing to it even without holding any share is a member of the company.
agree wid christo........
K that means it depends on what is stated in AOA and MOA of company??
I think it is clearly mentioned in our study material.
in companies act,
in definition of members,
any way members will be clearly stated in MOA, i think so......
@ cristo... chk the defination of member..
@ cristo... chk the defination of member in Companies Act, 1956
shareholder=owner=member =company.....director cant be a member if he is not holding share in dat company.....
agreed with cristo
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