PVT.COMPANY.

Others 621 views 2 replies

hi ! Experts !

I some have question for build new pvt company.

1)Govt.Servent can be director of company?

2)It is possible two directors are also Capital share holder?

Replies (2)

Hi Raj,

As per my opinion , Companies Act (Section 253 & 274) only talks about who cannot be a director. It is silent on who can be a director. So answer to both ur q r yes.

Rgds, Ronak

Hi Raj,

 

Answer to both ur questions is YES.

 

Govt. servant can be a director of private co. provided he has taken DIN (Director Identification No.).

 

In private co. this is general practice that both the directors are also sole shareholders.


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