Company law
This query is : Resolved
21 August 2012
I have a query....
Can a public company have all its 3 directors
as additional directors??
Can a public company have all its 3 directors
as additional directors??
21 August 2012
No, there should be whole time directors who should retire by rotation.
21 August 2012
sir, my company is a public co. since 1991 and according to MCA site all the three directors are additional directors.
Now what formalities am I required to do??
My company is voilating any provisions of companies act?
Now what formalities am I required to do??
My company is voilating any provisions of companies act?
21 August 2012
You do not have to worry, just change the status of directors in next annual return and appoint them as whole time directors by taking a resolution.
21 August 2012
thnx a lot prashant sir......
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