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If I am a director in a private limited company in India with a friend, and I die after some years, will my wife get the profits of the company?

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    Obviously depends enormously on what your legal arrangements are. Do you have a will? Do you have a prenuptial agreement, if you got your stake in the company before you married? – tripleee Nov 26 '20 at 11:15
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Directors don’t own companies - they manage them

Shareholders own companies.

So, if you are a director and die, the legal upshot is you are no longer a director and the company may need to replace you in accordance with its rules.

If you are a shareholder, then, subject to any other contracts like a option for the company or other shareholders to buy the shares of a deceased shareholder, the shares will be distributed in accordance with your will or the laws of intestate succession if you don’t have a will. Whoever owns the shares with have the same rights as you did.

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  • -1, it's blatently obvious that OP is referring to owning the company with their friend. – Studoku Nov 26 '20 at 23:10
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    @Studoku yes, I answered the unasked but obvious question as well – Dale M♦ Nov 27 '20 at 0:43

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