Can a Section 8 Company and a Private Ltd., Company have same directors on Board?
Some points to consider
Both the companies run parallel to each other supporting a development cause. While the private company takes care through commercial / sponsoring funds or may be sales also in few processes.
As this developmental project needs to utilise both CSR as well as Commercial funds for its overall sustainability.
I would appreciate if someone gives me an answer to this so that i can plan thing accordingly
Thank You.
CAclubindia
