Board Meeting
This query is : Resolved
28 December 2009
I cme to know that if a director does not atend 3 consequetive board meetings, he will be ceased to be a director.
1. I want to know the section reference under companies act.
2. There are 3 directors in an indian company, of which 2 directors are in abroad. For the purpose of convening board meeting, those two have convened in abroad.
How the third director can avoid ceasure of directorship? and what process canbe carriedout?
Any suggestions.replies..
Reply required immediately..
Thanks in advance.
1. I want to know the section reference under companies act.
2. There are 3 directors in an indian company, of which 2 directors are in abroad. For the purpose of convening board meeting, those two have convened in abroad.
How the third director can avoid ceasure of directorship? and what process canbe carriedout?
Any suggestions.replies..
Reply required immediately..
Thanks in advance.
Ankur Garg
(Expert)
28 December 2009
Hi,
Relevent section is 283(1)(g).
Method to escape from section 283(1)(g) is to take leave of absence from the members present in the board meeting and noting of the same in the minutes of board meeting.
Regards
Relevent section is 283(1)(g).
Method to escape from section 283(1)(g) is to take leave of absence from the members present in the board meeting and noting of the same in the minutes of board meeting.
Regards
CA Ravi Sisodia
(Expert)
28 December 2009
Agree
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