Dear Members, Kindly assist whether there is any no. of qualification shares required to become a additional director in a pvt. ltd. company.
2 Replies
shubham
(student)
(238 Points)
Replied 23 January 2014
sec 270 relates to qualification shares of companies act 1956 does not apply to private company.
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 24 January 2014
No such requirement in a private company.
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