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jasbir   24 July 2016

Query on shareholding

Can a PRACTISING Advocate be a Majority shareholder in Family running Pvt. Ltd Company, although he is not doing work of executive nature, but still he holds 69% of shares. Is he violating Advocates act rules,1961 by doing so?


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JustAdvisor

JustAdvisor (IT)     24 July 2016

he may not be violating bci rules as long as his duties are not of an executive nature.
compliance

compliance   09 August 2016

consult with shareholder expert.

compliance

compliance   09 August 2016

consult with shareholder expert.


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