You are here

Can a private limited company work in premises rented in a director's name?

Submitted by LegalWizin on Tue, 09/29/2020 - 02:08

Yes, certainly.

Only that the owner is required to provide an NOC to the company that he has no objection for the place being used for company’s operations.

This is a normal situation for the Registered office as the company is not into existence. The rent agreement is made in name of one of the director and further, the NOC is obtained from the owner.

However, at any time, it is always preferred to have a rent agreement in name of company.

I hope this helps!

If you have any query, feel free to reach out at LegalWiz.in