Company deadlock position
This query is : Resolved
16 April 2013
Dear Experts,
If there is a dispute between two directors then what are the consequences related to Pvt Ltd Company? Will the company gets wind-up if still having profit? If it will not wind-up then what will happen?
If there is a dispute between two directors then what are the consequences related to Pvt Ltd Company? Will the company gets wind-up if still having profit? If it will not wind-up then what will happen?
16 April 2013
1st of all directors are the person appointed by shareholders, hence can be changed with proper resolutions.
Now in case, director themselves are shareholders, then its totally depending on their thinking that how they want to settle the dispute, by selling off the co. to others or by choosing voluntary winding up. if there are two shareholders, and one resigns then also the company gets the ground of winding up.
Now in case, director themselves are shareholders, then its totally depending on their thinking that how they want to settle the dispute, by selling off the co. to others or by choosing voluntary winding up. if there are two shareholders, and one resigns then also the company gets the ground of winding up.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Refund Annexure-B
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- ECO SUPPLY REPORTIONG IN GSTR-1
- Non issue of e way bill
- ASISSE return under the provisions of the Collection of Statistics Act, 2008 (7 of 2009)
- Payment to foreign customer
- Gstr7 vs Gstr3b 2026
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
