Minimum no. of directors in pvt.ltd.


This query is : Open 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
01 June 2017 A Pvt. Ltd. company is engaged in the business of construction since 2010 with 2 directors since its inception. One of the director is retiring and the continuing director will handle all the affairs of the company. Another director is required to be appointed to comply with the minimum number of directors. Is it possible that the newly appointed director be appointed as Non-executive director with restricted control over the company and without his personal liability towards any default committed by the company? Please guide.


PS - The company exceeds the turnover limits for OPC and hence cannot opt for it.

02 June 2017 Yes. Newly appointed director can be Non-executive director

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
05 June 2017 Thanks for your advice


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
26 September 2026
Chartared Accountant

pushpganga ventures

Pune

CA

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details