is it compulsory for the directors of PRIVATE LIMITED companies to apply provision of Sec 152 of the Companies Act, 2013 regarding retire by Rotation ??
OR Section 152(6) only applicable to Public Companies ???
Thanks in Advance.
Imran H Mansuri (Inter CA) (153 Points)
02 July 2016is it compulsory for the directors of PRIVATE LIMITED companies to apply provision of Sec 152 of the Companies Act, 2013 regarding retire by Rotation ??
OR Section 152(6) only applicable to Public Companies ???
Thanks in Advance.