Hello Professionals
In a company, the minimum number of members required to form a
company has been stated under section 3 of the Act. What shall be
the effect of the number of members falling below the minimum
requirement ?
Dear Members,
The Number of Directors fall below 5 in producer co due to death of 1 director & company has appointed another due to this vacancy after 6 month is this amount noncompliance?
As per AOA the minimum requirement for director is 5.
