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minimum no of director for pvt co subsidiary of public co

abhijeet (student) (59 Points)

22 April 2010

a pvt company which subsidiary of public company should have minimum 3 director or minimum 2 director

regards

abhi

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8 Replies

(Guest)

its deemed to be public compnay.

so the provisions of public company will be applicable thus minimum 3 directors shuld be there to comply with provisions.

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Ankur Garg (Company Secretary and Compliance Officer) (114773 Points)
Replied 22 April 2010

A private company which is subsidiary of a public company required minimum 2 directors u/s 252.

There is no doubt about that.

Ashish Sharma (Service) (1028 Points)
Replied 22 April 2010

Agree With Ankur Sir,

The words "and every private company which is a subsidiary of a public company" omitted so now these comes under other companies as per section 252 and the no. of director will be 2

CA Sanjay Jha (ACCOUNTS MANAGER) (914 Points)
Replied 22 April 2010

I also agree with Ankur G

Deemed Public company concept is now not applicable.

so that company 100% pvt ltd company and 2 director required.

(Guest)

Originally posted by : Ankur Garg
	A private company which is subsidiary of a public company required minimum 2 directors u/s 252. There is no doubt about that.