Company Law | Can an HUF Be a Shareholder in a Company at the Time of Incorporation?
HUF cannot subscribe to a company MOA in its own name. Its Karta can hold shares for the HUF, subject to beneficial ownership disclosures. The post Can an HUF Be a Shareholder in a Company at the Time of Incorporation? appeared first on TaxGuru .
Attribution
Original credit: CS Divesh Goyal. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.
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