10 July 2012
Mr A has 60% and Mr B 40% shares in a pvt ltd company. Both are directors. Mr A wishes to appoint Mr C as an additional director, Mr B opposes this. Can Mr A still appoint Mr C? If so what is the procedure?
Director will be appointed with the consent of Board or members. If the Board are not agreed then then the appointment will be approved by shareholders. If you have a majority shareholding then you can do so, subject to the Articles of Associations of the Company.