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
- ITR 2 Short Term gain & Long term gain
- Itr 1 processing
- Reporting Income under Section 44ADA
- Off Market debit and credit transaction
- Building and other construction workers welfare cess act 1996
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR returnFY25-26
- Delisted shares sold in off market/ Rebate u/s87A
- Error whiling application of GST REFUND (ANNEXURE B)
- While filing GSTR9 accountant couldn't entered the ITC values in Table 6, in 9C it is not accepting
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
