Whether requirement of giving notice to shareholders regarding candidature for directorship of a person other than retiring director applies to private companies also
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Notice requirement for director candidature does not extend to private companies except where they are subsidiaries of a public company. The notice obligation in sub section (1A) applies only where sub section (1) applies; since sub section (2) excludes private companies from sub section (1) (unless a private company is a subsidiary of a public company), sub section (1A) does not apply to such private companies.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Notice requirement for director candidature does not extend to private companies except where they are subsidiaries of a public company.
The notice obligation in sub section (1A) applies only where sub section (1) applies; since sub section (2) excludes private companies from sub section (1) (unless a private company is a subsidiary of a public company), sub section (1A) does not apply to such private companies.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.