1) What is the minimum number of members required for public companies under 2013 Act?
2) What happens if the minimum number (say 7) goes down to 6?
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Members of unlisted public company
Replies (1)
7 in case of public
They have to increase it to 7 or more to continue as public company otherwise it should convert itself in to private company by altering it's AOA & MOA by getting approval from ROC & NCLT.
They have to increase it to 7 or more to continue as public company otherwise it should convert itself in to private company by altering it's AOA & MOA by getting approval from ROC & NCLT.
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