PVT.COMPANY.

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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)

Dear Raj

Yes Govt Servant can be a Director.

Yes Directors can be a shareholder of Company.

 

Minimum Paid up share capital must be 1 Lakh for a Private Limited Company.

 

 

Regards

Dear Raj,

Tha goverment servant is not disqualified to act as a director in any company as per the Companies Act, however make sure weather the government allows its employees to undertake directorship in any company.

Regards,

Minal

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