Minimum Number of Directors

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Shanib

Shanib (Querist)
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30 July 2009 Whether Minimum Number of Directors of a private company whis is a subsidiary of a public co. is 3 or 2..?

Ankur Garg

Ankur Garg (Expert)
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30 July 2009 No doubt at all.

Minimum Number of Directors of a private company which is subsidiary of a public co. is 2 as per section 252 of the companies act, 1956.

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Manmohan ACA, CS

Manmohan ACA, CS (Expert)
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30 July 2009 section 252(1) says Every public company (other than a public company which has become such by virtue of section 43(A) shall have at least three directors.
again as per sub section (2) Every other company shall have at least two directors.

so answer is two

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Shanib

Shanib (Querist)
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30 July 2009 thank u Ankur sir......