Death of one of the two directors in private ltd. company
This query is : Resolved
Jitin suryavanshi
(Querist)
10 March 2015
Case:Due to Death of One of the Two Directors in Private Ltd. Company the number of directors have fallen below the Statutory Minimum.
Is there any Time limit under which the New Director has to be appointed to bring the number of directors to Two?
If Yes,under which Section of Companies Act, 2013
Is there any Time limit under which the New Director has to be appointed to bring the number of directors to Two?
If Yes,under which Section of Companies Act, 2013
CS Mitesh Mehta
(Expert)
11 March 2015
Section 149(1) of the Companies Act, 2013 requires that every company shall have a minimum number of 3 directors in the case of
a public company, two directors in the case of a private company, and one director in the case of a One Person Company
As per Section 149(2) of the Companies Act, 2013 A period of one year has been provided to enable the companies to comply with this requirement.i.e ON OR BEFORE 31/03/2015
a public company, two directors in the case of a private company, and one director in the case of a One Person Company
As per Section 149(2) of the Companies Act, 2013 A period of one year has been provided to enable the companies to comply with this requirement.i.e ON OR BEFORE 31/03/2015
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