First Directors of Pvt. Ltd. Company
This query is : Resolved
27 October 2010
In case of a newly incorporated Pvt. Ltd. company three directors (subscriber to the memorandum) were appointed as first directors of the company.
My question is that, whether such directors are required to be reappointed in the first AGM of the company or they will continue to hold the office untill they vacate the office due to the resignation or some other reasons. As the section 255 is not applicable on private company.
My question is that, whether such directors are required to be reappointed in the first AGM of the company or they will continue to hold the office untill they vacate the office due to the resignation or some other reasons. As the section 255 is not applicable on private company.
27 October 2010
Not required to be reappointed in case of pvt. ltd. company.
27 October 2010
Hi
Agreed with Mr. Aditya.
The provision of section 255 is also applicable to private company.
Agreed with Mr. Aditya.
The provision of section 255 is also applicable to private company.
28 October 2010
In case if there is no regulation in the Articles of Association of the Company for the appointment of First directors, then they should be appointed in the EGM/First AGM as the directors of the Company.I think it is not a re-appoint only appointment...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- TDS Deducted AY-2013-14 Not Reflected in 26as
- ADVANCE PAYMENT OF ADVOCATE
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- GST rate and HSN code for sale of racing horses
- Eway bill generation from place other than registeted
- REGARDING ANNUAL RETURNS FILLINGS OF A COMPANY INCORPORATED ON 28.03.2025
- TDS Return Q1 FY 2026-27
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
