co.law
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 May 2010
a, b ,c are the 1st directors of a private ltd co.
Now X & Y wants to enter as directors of the said co. while a,b,c will resign.
X & Y wants that only they and no other person can be further appointed as director of the co during the lifetime of the co.
The articles mentions that min 2 and maximum 12 directors can be appointed. Hence now X & Y wants to alter this clause in articles.
They want that the article shows that their name as the only directors for the co; max 2 directors; and the clause of additional director be removed .
Is this alteration possible?????????
Now X & Y wants to enter as directors of the said co. while a,b,c will resign.
X & Y wants that only they and no other person can be further appointed as director of the co during the lifetime of the co.
The articles mentions that min 2 and maximum 12 directors can be appointed. Hence now X & Y wants to alter this clause in articles.
They want that the article shows that their name as the only directors for the co; max 2 directors; and the clause of additional director be removed .
Is this alteration possible?????????
CA Sanat Pyne
(Expert)
05 May 2010
I THINK THIS IS NOT POSSIBLE.
CS Jithesh (ACS,)
(Expert)
05 May 2010
The Appoitment and removal of directors are all in the hands of sharholders, not with Directors
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