Board meetings
This query is : Resolved
01 July 2012
Maximum 2/3 directors are appointed by shareholders and maximum 1/3 directors are appointed by providers of finance. Is this provision applicable to a private company?
02 July 2012
Appointment of directors in a company is governed by the provisions contained in its AoA to be read with the Companies Act,1956.
The above provisions are equally applicable to a public as well as a pvt. ltd. company.
The above provisions are equally applicable to a public as well as a pvt. ltd. company.
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