IN A LIMITED COMPANY MINIMUM NUMBER OF DIRECTORS ARE 3 WHAT ABOUT 100% SUBSIDIARY (WHICH IS PVT. LTD. CO.) OF THE SAID COMPANY. IF THE SUBSIDIARY CO. HAVE ONLY 2 DIRECTORS THEN IT IS VALID OR NOT.
28 March 2009
All companies have to comply the provision of companies Act, 1956. I suggest you read sec 252 to 256 you will be clear every thing regarding appoinment of director rotation of director and retirement of director