25 March 2011
can a pvt company have only 2 directors and both are additional directors. Is there any difference in the rights and duties of Directors as compared to additional directors
25 March 2011
The first directors of the company will be normal directors and any director appointed would be additional directors.
If An X Company having 2 Directors wishes to appoint 2 Additional Directors. Within a Day of their Appointment the existing 2 Directors want to resign from the Board. It Possible for the Board to consist of only 2 Additional Directors and the rights would be same and the same would be regualrised in the next AGM.
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