Appointment of Director

This query is : Resolved

Hiral S Vikmani (Querist)
Follow

10 September 2010 In a private limited Company with two Directors, if one Directors dies. How can another Director be appointed? What is the procedure for the same?

Ajay Mishra

Ajay Mishra (Expert)
Follow

10 September 2010 Dear Friend

In case the no of director reduced below to the quorum fix by the Act for a meeting of the Board, the continue remaining continuing director may act for the purpose of increasing the number directors to that fixed for the quorum or for summoning of the general meeting of the company, but not for any other purpose. {Clause 75 of Table A of Schedule I of Companies Act, 1956}

So in your case, you can appoint one more director for complying quorum of the meeting of Board as per the above mention clause.

Regards
CS Ajay Mishra

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
Follow

10 September 2010 When the number of director's is reduced to one, he/she can appoint additional director's in accordance with section 260 of the Companies Act,1956, subject to the provisions of the articles of association.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

tsrandcompany@gmail.com

John Ravindran Moses

CA Uzma Khan

Adv Ashish Vishwakarma

yadagiri

Subscribe Now

Appointment of Director

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

CA Final

GST CONSULTANT

Accountant

GST CONSULTANCY