A Pvt Ltd co wishes to appoint 2 directors within 7 days of its incorporation, is there any restriction in this regard? There were three directors at the time of incorporation.
Souvik Kumar Ghosh (CA Final) (1368 Points)
19 September 2013A Pvt Ltd co wishes to appoint 2 directors within 7 days of its incorporation, is there any restriction in this regard? There were three directors at the time of incorporation.
Akash Jain
(CA Final Student)
(261 Points)
Replied 19 September 2013
No such restriction for Pvt company(Refer Sec 263 for more clarification)
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