Which statement is not accurate regarding private and public companies?

The statement indicating that public and private companies must have at least two directors is not accurate because, while both types of companies are often required to have directors, the specific laws governing their structure can differ.

Private companies, depending on jurisdiction, can typically have a single director, whereas public companies usually require at least two directors. This distinction is important in the context of corporate governance and the regulatory requirements that each type of company must adhere to.

The other statements regarding private companies are accurate: a private limited company can indeed pass written resolutions, it is not required to hold an Annual General Meeting (AGM), and it is restricted from offering its securities to the public. These rules are part of the legal framework designed to differentiate the operational capabilities and regulatory obligations of private and public companies.