Can a PSU employee become shareholder in a pvt. ltd. company. PVt. ltd. company will do no business with the said PSU.
niknilay (Mgr) 11 February 2013
Can a PSU employee become shareholder in a pvt. ltd. company. PVt. ltd. company will do no business with the said PSU.
umang desai (Company secretary) 12 February 2013
Yes one can do so. However you have not clarified to what extent you will become share holder. One can be a share holder only few Hundred Eq.Share or can be a shareholder of significant no or %.
If you or your closest family members holds significant share , disclosure will be required to fuflfill Related Party Disclosure;