Directors rotation in private companies
This query is : Resolved
TATA REDDY KARRI
(Querist)
22 July 2015
Is the concept of ROTATION OF DIRECTORS IS
applicable for PRIVATE LIMITED Companies ???
if yes under what SECTION ...
applicable for PRIVATE LIMITED Companies ???
if yes under what SECTION ...
CS JAY GOHIL
(Expert)
22 July 2015
not applicable in case of private limited company
Message likes :
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Ankur Garg
(Expert)
22 July 2015
Hi,
Provisions related to retirement of Director by rotation is governed by section 152(6) of Companies Act, 2013. However as rightly mentioned by learned expert above, the same is not applicable on a private Company.
Thanks
Provisions related to retirement of Director by rotation is governed by section 152(6) of Companies Act, 2013. However as rightly mentioned by learned expert above, the same is not applicable on a private Company.
Thanks
Message likes :
1 times
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