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If all directors become SBO then how to justified individual stake.

Posted By : CS Shiriti / Published on : 20-Jul-2019 12:34 PM / View : 615 / Comments : 0

Dear All,

In a private limited company a body corporate is shareholder holding 19.9 % shares in company. and both company have same directors (Six) but neither a associate or subsidiary of each others, only directors are interested in both company. In the reporting company all six directors also having individual shareholding. Now who is the SBO, whether all six directors become a SBO. If all directors become SBO then how to justified individual stake.

Thanks & Regards

Acs Neha Ojha
Company Secretary
CS, LL.B, B.Com
9310344857
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