TMI BlogWhether requirement of giving notice to shareholders regarding candidature for directorship of a person other than retiring director applies to private companies alsoX X X X Extracts X X X X X X X X Extracts X X X X ..... R, Dated:- 9-5-1961 Circular - Circulars - Companies Law - Letter : No. 8/16(1)/61 ‑ PR, dated 9 ‑ 5 ‑ 1961. Subject:- Whether requirement of giving notice to shareholde ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ;section (2) exempts private companies from the operation of sub‑section (1). It is not clear whether sub‑section (1A) will apply to private companies or not. Answer : Sub‑sectio ..... X X X X Extracts X X X X X X X X Extracts X X X X
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