Listing agreement
This query is : Resolved
11 September 2013
Are Unlisted Private Companies required to have a compulsory Independent Director.??
What should be the Composition of Directors for a Unlisted Private Company.??
What should be the Composition of Directors for a Unlisted Private Company.??
Ajay Mishra
(Expert)
11 September 2013
The provision of Independent Directors is not applicable to private limited company.
So not required to have Independent director.
So not required to have Independent director.
12 September 2013
Sorry for wrong query. It's not a private unlisted company. It's an unlisted public company with a paid up capital of Rs 29cr
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