Can a unlistd company appoint a small shareholder director??
CS Divesh Goyal
(Practicing Compnay Secretary)
(50010 Points)
Replied 19 April 2017
yes they can appoint but it is not mandatory under section 151
Indira
(CA )
(1379 Points)
Replied 20 April 2017
Thanks for your reply. But generally a director is appointed at general meeting otherwise in case of a additional director or a casual vacancy director. Small shareholder director can be appointed only by small shareholders. So is the appointment valid.
Thanks
Indira K V
Sudhir Todkar
(CS Professional)
(1021 Points)
Replied 22 April 2017
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