Section 274(1)(g) from directors of independent pvt cos

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03 January 2013 Hi,


Someone may please reply to the following query(s):


Query

Whether Section 274(1)(g) requirement from directors shall apply to all type of companies or it shall not apply to an independent private company.

Ans : .......................


Thanks.

03 January 2013
Section 274(1)(g) is applicable only to Public Companies. It is not applicable to a purely Private Company and a Private Company which is a subsidiary of Public Company.

03 January 2013 Disqualifications under clause (g) of sub-section (1) of section 274 of the
Companies Act, 1956.-It shall apply to all public limited companies registered under the Companies Act, 1956


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