Adhournment of EGM
This query is : Resolved
CS Ashish Jain
(Querist)
22 October 2010
Whether the date, time and place of the adjourn EGM (due to the lack of quorum) can be decided by the Board of Directors by way of circular resolution.
CS Mitesh Mehta
(Expert)
22 October 2010
yes
Make it sure that you circulate the proposed resolution in draft to all directors who are in india as well as in abroad.
The no. of directors who are in india at the time of circulation of the resolution must not be less than that required to constitute a quorum u/s 287
Make it sure that you circulate the proposed resolution in draft to all directors who are in india as well as in abroad.
The no. of directors who are in india at the time of circulation of the resolution must not be less than that required to constitute a quorum u/s 287
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