Articles of pvt ltd company

Discussion in 'Pvt ltd' started by jamesh, Dec 17, 2013.

  1. jamesh

    jamesh Member

    articles of a private limited company allowing free transfer of shares by members to their wives and children who are not members. is this article valid under company law or is it compulsory that shares cannot be freely transferred to non members even if article allows such free transfer to a specified class who are not members-in this case to the wives and children of the members?

Share This Page