Company Registration Service By Jsons Solicitors Private Limited

Private Limited Company is a most favorable business in the Indian Market and it is governed by the Ministry of Corporate Affairs (MCA) under Companies Act, 2013. Private Limited Company is a Company having the word "Pvt. Ltd." at the end of its business name.

Private Limited Company can be started with at least 2 Persons, who can be Directors & Shareholders of the Company. However, Directors & Shareholders can be different persons, let us understand with a given example---

Mr X and Mr Y wants to start a Company and out of whom Mr X does not want to become a Director but want to take a shareholding of 50% in the Company and wants to appoint a director to Mr. Z, not having any shareholding and Mr Y wants to become a Director and also wants to take a shareholding of Company of 50%.

Here in above example Mr X is only a Shareholder of 50 %, Mr. Z is a Director(without shareholding, which means he is only a Director, not a Shareholder in the Company) and Mr Z is a Director and Shareholder with 50 % of Company.
Therefore, a person in a Company can only be a director or can only be a shareholder of Company.