Krishna Private Ltd., having 3 directors has obtained status of Dormant Company in year 2019. The Board of Directors seeks your advice about the compliances needs to be done in respect of each of the following: (ii) Mini
CS Executive · Setting up of Business Entities and Closure · PYQS · December 2021
Krishna Private Ltd., having 3 directors has obtained status of Dormant Company in year 2019. The Board of Directors seeks your advice about the compliances needs to be done in respect of each of the following: (ii) Minimum number of Directors
Answer & Explanation:
A Dormant Company shall have such minimum number of Directors as required depending on the type of Company. Since Krishna Private Ltd. is a Private Ltd. Company, it needs to have at least 2 Directors.
Topics: Company Law
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