Whether a partnership firm can be a shareholder in a listed company. Please let me Know the relevant provisions and sections of the relevant acts.
Menu
Query
Replies (3)
I dont know the sec No but partnership firm cannot be the shareholder
As per the clarification issued by the Department of Company Affairs, vide CIRCULAR NO.4/72, DATED 9.3.1972, a firm, not being a person, cannot be registered as a member of company except where the company is licensed under section 25.
no partnership cant be shareholder of the company except sec 25 companies
Recent Topics :
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
Related Topics :
CAclubindia
