kruthika
asked almost 3 years ago
what is the minimum number of directors in private limited company?
narahari
answered almost 3 years ago
Even to accommodate the second person just spouse or relatives have been introduced as second shareholder. Similarly, in order to comply with the minimum number of directors, the individual entrepreneur admitted the second shareholder as a director on the Board of such private company
veeru
answered almost 3 years ago
The concept of One Person Company is now introduced in the Act of 2013. There being no such concept in the Act of 1956, several individual entrepreneurs registered private companies with a second shareholder as good as with one share only.
ARJUN PRATAP SINGH
answered almost 3 years ago
as far as your query is concerned that what is the minimum number of directors in private limited company? let me informed that minimum 2 directors are required in case of Pvt .Ltd.co. hope answer was helpful to you. Regards, Arjun
rohit awasthi
answered almost 3 years ago
Dear Friend A private company can be incorporated with a minimum of two shareholders. The concept of One Person Company is now introduced in the Act of 2013. There being no such concept in the Act of 1956, several individual entrepreneurs registered private companies with a second shareholder as good as with one share only. Even to accommodate the second person just spouse or relatives have been introduced as second shareholder. Similarly, in order to comply with the minimum number of directors, the individual entrepreneur admitted the second shareholder as a director on the Board of such private company. In other words, most of the private companies are one man show and the compulsion in the Act only made to have a second shareholder as well as second director. Thanks
