BOARD and Annual General Meeting
This query is : Resolved
15 September 2010
An Indian Company has 3 Directors in which 2 are foreigners and same are shareholders.
2 foreign directors are not in aposition to attend BOM and AGM
What steps should be taken to make a valid meeting? (is proxy option is valid for Quorum or tell the another better way)
2 foreign directors are not in aposition to attend BOM and AGM
What steps should be taken to make a valid meeting? (is proxy option is valid for Quorum or tell the another better way)
Ankur Garg
(Expert)
15 September 2010
Presuming your company is a private company for which 2 members are required to be present personally in a GM u/s 174.
You are advised to increase number of members by any 1 of the following methods:
1. Allotment of new shares. (board resolution for allotment and form 2 with roc is required)
2. Transfer some shares from existing members to some new persons to make new person a member of company.
Revert if there is any doubt.
You are advised to increase number of members by any 1 of the following methods:
1. Allotment of new shares. (board resolution for allotment and form 2 with roc is required)
2. Transfer some shares from existing members to some new persons to make new person a member of company.
Revert if there is any doubt.
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Ankur Garg
(Expert)
22 September 2010
You are always welcome n keep sharing your doubts.
All the Best
All the Best
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