Clarification regarding sec 152

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 July 2015 Sec. 152 speaks about retirement of rotation only for public Cos.

In case of a Pvt. Co. which is a wholly owned subsidiary of a Public Co. also needs to retire Directors by rotation or it shall be not applicable to that Co. ?

CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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27 July 2015 Yes Provisions of section 152 relating to retirement of directors by rotation is applicable to private company which is Subsidiary of Public company.