TOPIC 18: QUICK REFERENCE TO “Who are eligible to Become Member of Company & Who is not”

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Quick Reference to " Who are eligible to Become Member of Company & Who is not " :-.
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Eligible to Become Member of Company:-.
1. Another Company.
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2. Cooperative Society.
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3. Trade Union.
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4. Partnership Firm only in a Section 8 Company.
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5. Foreigner.
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6. Joint Shareholder.
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7. Central Government.
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8. State Government.
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9. Insolvent ( with certain Conditions ).
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Not Eligible to Become Member of Company:-.
1. Minor ( Except shares are full paid up ).
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2. Partnership Firm.
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3. HUF.
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4. Subsidiary Company in its Holding Company ( except in certain case ).
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Regards
ACA SOURAV BAGARIA