https://www.taxtmi.com/circulars?id=10614 Section 269 does not apply to a person who immediately before conversion held office as managing director or whole time director in the private company, since no fresh appointment occurs on conversion; however, other statutory restrictions governing directors apply automatically from the date the company becomes or is deemed to be a public company and must be complied with thereafter. en-us Wed, 25 Jan 1961 00:00:00 +0530 Wed, 15 Jun 2011 17:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10614 Section 269 does not apply to a person who immediately before conversion held office as managing director or whole time director in the private company, since no fresh appointment occurs on conversion; however, other statutory restrictions governing directors apply automatically from the date the company becomes or is deemed to be a public company and must be complied with thereafter. Circulars Companies Law Wed, 25 Jan 1961 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10614