Casual vecancy of director

This query is : Resolved

HITEN DEDHIA (Querist)
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26 December 2014 Our Company is a Small Pvt ltd company having only two directors.
Out of the 2 directors, 1 director expired before Date of AGM.

How long company can postponed appointment of another director to make minimum two directors?

CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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26 December 2014 Section 149(1) of the Companies Act, 2013 requires that every company shall have a minimum number of two directors in the case of a private company

A period of 1 year has been provided to enable the companies to comply with this requirement.