minimum nuber of directors in sec 25
This query is : Resolved
paresh zatakia
(Querist)
07 December 2008
Dear Collegues,
What is the minimum nuber of directors required in sec 25 private limited copany
regards
c.a.presh zatakia
What is the minimum nuber of directors required in sec 25 private limited copany
regards
c.a.presh zatakia
Ram Avtar Singh
(Expert)
07 December 2008
Minimum number of members
A public company must have at least 7 members whereas a private company may have only 2 members. If the number of members fall below the statutory minimum and the company carries on its business beyond a period of six months after the number has so fallen, the reduction of number of members below the legal minimum is a ground for the winding up of the company.
A public company must have at least 7 members whereas a private company may have only 2 members. If the number of members fall below the statutory minimum and the company carries on its business beyond a period of six months after the number has so fallen, the reduction of number of members below the legal minimum is a ground for the winding up of the company.
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