banner_ad

Companies Act, 1956

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
16 February 2010 Can a Shareholder attend a Board Meeting?
Profile Image

Ankur Garg

Profile Image

Ankur Garg (Expert)
16 February 2010 NO

This is simply not possible. However a shareholder who is also a director is allowed to take part in BM.

Regards
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
16 February 2010 thanks ankur, my query is that a the shareholder is a body corporate and directors are willing to invite the director of that body corporate as its representative and as special invitee for the Board Meeting.The Body Corporate holds the substantial number of shares in the Company.Is that permissible?

I found no bar in the Act, if the director invitees any person whether they are shareholder or any other person who can contribute material to any of the Board's agenda.
Profile Image

Ankur Garg

Profile Image

Ankur Garg (Expert)
16 February 2010 Now as per the info provided—if it is fine with the board then there is no problem. You may go ahead. However such shareholder cannot claim this privilege as a right.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
16 February 2010 Thanks ankur...
Profile Image

Ankur Garg

Profile Image

Ankur Garg (Expert)
16 February 2010 You are welcome and keep sharing your queries.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details