Company Registration Coimbatore
In the company form of organization it is possible for a company to make a valid effective contract with any of its shareholders/directors. It is also possible for a person to be in control of a company and at the same time be in its employment. Thus, a person can at the same time be a shareholder, director, creditor and employee of the company.
For e.g.:
As a director he can receive remuneration.
As a shareholder he can receive dividend.
As a lessor he can receive lease rent.
As a creditor he can lend money and earn interest.
As a supplier he can supply goods from his/his family business.
In the company form of organization it is possible for a company to make a valid effective contract with any of its shareholders/directors. It is also possible for a person to be in control of a company and at the same time be in its employment. Thus, a person can at the same time be a shareholder, director, creditor and employee of the company.
For e.g.:
As a director he can receive remuneration.
As a shareholder he can receive dividend.
As a lessor he can receive lease rent.
As a creditor he can lend money and earn interest.
As a supplier he can supply goods from his/his family business.
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