M Mizen Registered User Messages 26 6 Jul 2009 #1 Is it compulsary that a director own shares in a Private Limited Company or can you be a director without Shares ?
Is it compulsary that a director own shares in a Private Limited Company or can you be a director without Shares ?
P Purple Registered User Messages 14,645 6 Jul 2009 #4 It is worth noting that a director in a private company has more duties/responsibilities than a shareholder.
It is worth noting that a director in a private company has more duties/responsibilities than a shareholder.
P Padraigb Registered User Messages 1,738 6 Jul 2009 #5 Bill Struth said: Yes you can be a director without shares. Click to expand... It can vary with the company, depending on what the Articles of Association say.
Bill Struth said: Yes you can be a director without shares. Click to expand... It can vary with the company, depending on what the Articles of Association say.
P Purple Registered User Messages 14,645 6 Jul 2009 #6 Padraigb said: It can vary with the company, depending on what the Articles of Association say. Click to expand... Yes, good point, but it's not a legal requirement.
Padraigb said: It can vary with the company, depending on what the Articles of Association say. Click to expand... Yes, good point, but it's not a legal requirement.
M mathepac Registered User Messages 8,682 6 Jul 2009 #7 Padraigb said: It can vary with the company, depending on what the Articles of Association say. Click to expand... Which is the response I posted in the previous thread and in response to OP's PM.
Padraigb said: It can vary with the company, depending on what the Articles of Association say. Click to expand... Which is the response I posted in the previous thread and in response to OP's PM.
M Mizen Registered User Messages 26 6 Jul 2009 #8 Thanks all for your wisdom, I was told the replacement director would have to be given shares in order to be a director, I did have my doubts about that being a requirement to be a director.
Thanks all for your wisdom, I was told the replacement director would have to be given shares in order to be a director, I did have my doubts about that being a requirement to be a director.