My company's AOA says the quorum for Board Meeting should be three directos. If quorum is not present then the meeting shall stand adjourned next week same day same place and same time unless otherwise agreed by the directors. But AOA is silent in respect of provision of further adjournment. Now if at the adjourned meeting again no quorum is present then:

1. Can we cancel the meeting and fresh notice to be issued.

2. Shall we further adjourne the meeting till next week?

3. Will the meeting be held with the directors present (which may be less than three)and get the resolution passed.

Please suggest.

Hi,

In case of a private limited company, appointment of first auditor needs to be done through a board resolution within one month of of the date of registration of a company.

However, if the appointment of auditors is not done within 30 days of registration of pvt ltd company, then what does the law states for appointment of auditors subsequently?

Regards

plz tell

who will decide managerial remuneration in MNCs,in varoius industries?

giving an example who will set the managerial remuneration criteria,will it become part of AOA?


Regards
CS Executive student

For a private limited co, there is 2(two) existing directors

I want to file 1(one) form_32 for an appointment + a resignation of director

what should be maximum days difference between this appointment & resignation

is it possible to appoint 1 director and resign 1 director on same date.

Please provide me format for

1-board resolution for appointment of director

2-baord resolution for resignation of director

Please tell me is there anything wrong with this RESOLUTION"

TYPE OF MEETING : BOARD MEETING
TYPE OF RESOLUTION : SIMPLE MAJORITY

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS OF “AASHIRWAD PVT. LTD.” HELD AT THE REGISTERED OFFICE OF THE COMPANY AT 35, SYNAGOGUE STREET, CITY CENTRE, 2ND FLOOR, KOLKATA – 700 001, ON 25-05-2012 AT 1.00 PM

"RESOLVED THAT The Chairman informed the Board that Mr. ANIL SHARMA vide his letter dated 25-05-2012 has desired to resign from Directorship of the Company. Thereafter, he placed the resignation letter of Mr. B LAL DHAREWA before the Board for its consideration. The Board discussed the matter and thereafter passed the following resolution unanimously:

“RESOLVED THAT the resignation of Mr. ANIL SHARMA from the directorship of the Company be and is hereby accepted with immediate effect".

"RESOLVED FURTHER THAT the Board places on record its appreciation for the assistance and guidance provided by Mr. ANIL SHARMA during his tenure as Director of the Company".

"RESOLVED FURTHER THAT on other hand Mr. MUKESH AGARWAL placed his consent letter desiring to be the Director of the Company. Mr. MUKESH AGARWAL is appointed as the Director of the Company to fill up the casual vacancy caused by resignation of Mr. ANIL SHARMA.

FURTHER RESOLVED THAT any Director or Company Secretary of the company be and is hereby authorised to file the prescribed form with the registrar of the Company.

Certified to be true copy

MY COMPANY TURNOVER IS RS 10 CRORE AND NOT COMES IN THE AMBIT OF XBRL FILING BUT I WANT TO FILE IN XBRL FORMAT CAN I DO SO?

Dear Experts,

Please provide your view on the followings: -

1. Under Section 58A a private company which has taken loan from Directors, Shareholders and relative have to take Declaration from them that they have not given loan from borrowed money. So this declaration needs to be given at the end of the FY or every time they give loan to private companies.

2. What should be the format of declaration.

3. Also, in the case of Limited companies we have to take declaration from them (Please correct me if I am wrong)

Your valuable suggestion or view is highly solicited.

Thanking you

Hi to all,

Can anyone please answer to the following query...

In a Public Company ( which is not a listed company) there were 3 directors. On 01/05/2012, two of them ( who were INDEPENDENT DIRECTORS) resigned and on the same day 2 other persons ( who are the promoters of the company) were appointed as EXECUTIVE DIRECTORS through CASUAL VACANCY.
I want to know, can EXECUTIVE DIRECTORS be appointed in place of INDEPENDENT DIRECTORS through Casual Vacancy?

If no, then what is the remedy in the above case?

Thank you all,

CS Mithun Pal
Kolkata

helo everybody could u pls assist me in preparing the board minute where the statutory auditor resigns at AGM and new auditor is appointed of a unlisted ltd company