Director provisions related to Pvt Ltd

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 June 2010 Sir,
Please provide me provisions related to Directors for only Pvt Ltd Company.
Also guide me whether they can retire by rotation in AGM & waht is the procedure.

Thanks & Regards,
ACS Preeti

Ankur Garg

Ankur Garg (Expert)
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25 June 2010 As per section 252 minimum number of director for a private company are 2. Further provisions related to rotational director u/s 255 and 256 are not applicable to a private company. So directors of a private company can continue without retirement u/s 255 and 256.

Revert for further query.

Regards

Querist : Anonymous

Querist : Anonymous (Querist)

30 June 2010 Thanks a lot sir

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