Rashmi Nanda (student) 01 October 2013
As i see there is no restriction to the number of companies registered on the same address. in my case,
The managing director of my company has opened 2 more companies with other members and directors and himself as MD of both, using the same address as our company without any information or consent of mine.(we were the only 2 directors). Is he allowed to do so?
Secondly, will they function as separate entities or as a part of the original company registered on that address?
Daksh (Student) 01 October 2013
Ms.Rashmi Nanda,
The answer is to be affirmative and the other company which is being formed being a distinctive corporate entity need not to seek your or for that reason anybody else's permission whatsoever.
I hope this clarifies.
Best regards
Daksh
© 2024 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
