Whether requirement of giving notice to shareholders regarding candidature for directorship of a person other than retiring director applies to private companies also

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....R, Dated:- 9-5-1961 Circular<br>Companies Law<br>Letter : No. 8/16(1)/61&#8209;PR, dated 9&#8209;5&#8209;1961. Subject:- Whether requirement of giving notice to shareholders regarding candidature fo....

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....mpanies from the operation of sub&#8209;section (1). It is not clear whether sub&#8209;section (1A) will apply to private companies or not. Answer : Sub&#8209;section (1A) applies only where sub&#820....