Question

Under the companies act a director must posses how much shares

Answer 1

Answer:

mkxugsisgudguiudgiusf

Answer 2

Shareholders need at least 1,000 shares or 10 % of the total number of smaller shareholders, whichever is lower. As per section 270 of the Companies Act, at the time of appointment of the director, it may be required by the company a minimum holding of shares within the time limit prescribed.