Agenda of board meeting
This query is : Resolved
23 September 2010
Dear Expert,
Please advise:
If there are 3 directors (1 chairman+2 directors) in a public ltd. co., can 2 directors call a board meeting with their own interest of agenda (so as to arrive at some resolution in board meeting) OR chairman has the final authority to select his own agenda. Meaning 2 directors want some resolution to be passed in board meeting but chairman does not want this resolution to pass, so can chairman exclude this agenda from board meeting?
Please advise:
If there are 3 directors (1 chairman+2 directors) in a public ltd. co., can 2 directors call a board meeting with their own interest of agenda (so as to arrive at some resolution in board meeting) OR chairman has the final authority to select his own agenda. Meaning 2 directors want some resolution to be passed in board meeting but chairman does not want this resolution to pass, so can chairman exclude this agenda from board meeting?
23 September 2010
In case of Public company the minimum no of director for quorum is 3 or more as per your article of the company.
For passing of any items in Board, the resolution should be passed by requisite majority.
Regards
In case of Public company the minimum no of director for quorum is 3 or more as per your article of the company.
For passing of any items in Board, the resolution should be passed by requisite majority.
Regards
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