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Listing agreement

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(Querist)
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.??
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Ajay Mishra

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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.
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mehul

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mehul (Querist)
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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