Legal Question in Business Law in India
A husband wife who was work the only two member of a pvt company where start dead decoits does the company also die with them
Asked on 8/31/15, 10:48 am
2 Answers from Attorneys
Jayesh Desai
Jayesh Desai
Can not understand your question properly. What i understood is - that dacoits have killed husband and wife who were thinly directors of a company. If they are dead does the company also die?
No, the company survives, legal heirs can continue the same.
Answered on 9/01/15, 3:02 am
Fca Prashant Chavan
Expert Edge LLP
01.09.2015
Dear Sir / Madam,
No. A private limited Company being independent of its Directors and shareholders will continue to exist.
Regards,
Answered on 9/01/15, 6:09 am
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