Aoa of private limted company - minimum no of directors
This query is : Resolved
Mohammed Yasar
(Querist)
05 September 2012
Minimum 2 directors is a statutory requirement for a Pvt Limited Company. But our AOA is drafted in such a way that it require for Minimum 3 directors.
Whether we should change the Articles or shall we continue with the existing AOA. It is to be noted that Company is ready to have minimum 3 directors.
Whether we should change the Articles or shall we continue with the existing AOA. It is to be noted that Company is ready to have minimum 3 directors.
Ajay Mishra
(Expert)
05 September 2012
Hi
Yes, their is no restriction under companies Act, 1956. You can have 3 directors as first directors in your articles.
Yes, their is no restriction under companies Act, 1956. You can have 3 directors as first directors in your articles.
Guest
Guest
(Expert)
06 September 2012
There are no hassles. You can have min. 3 directors as per your AOA.
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