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Directors by anirudhsingh0330 is a document available to read on EtoBox.

Mr. A has been appointed as a director in a public limited company. - The Companies Act does not require share qualification for directors but company articles usually require at least one share. - If articles prescribe a share qualification, directors must acquire the shares within two months of appointment. The nominal value cannot exceed Rs. 5,000. - Qualification shares are not required for private company directors unless it is a subsidiary of a public company.

Author

anirudhsingh0330

Language

EN