conducting of Board Meeting
This query is : Resolved
20 July 2010
My query is in a private Limited company there are two directors and one of such director is outside India for the time being, at this point is it possible for a company to pass any resolution ?
since the company cannot held a board meeting due to lack of quorum and also cannot pass a circular resolution,because as per section 289 of companies Act it mandatory that minimum number of directors (quorum) should be present in India ?
It will be pleasure if anyone reply soon for the query, thank you.
since the company cannot held a board meeting due to lack of quorum and also cannot pass a circular resolution,because as per section 289 of companies Act it mandatory that minimum number of directors (quorum) should be present in India ?
It will be pleasure if anyone reply soon for the query, thank you.
20 July 2010
You can hold Board meeting by Video conference.
Though Companies act do not prohibit holding of Board meeting by Video conference provided the minimum no. of Board meeting (i.e. 1 meeting in a quarter)as per 285 should be hold by actual meeting and not Video conference.
Though Companies act do not prohibit holding of Board meeting by Video conference provided the minimum no. of Board meeting (i.e. 1 meeting in a quarter)as per 285 should be hold by actual meeting and not Video conference.
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
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- Treatment of Pension ?annuity returns on PMVY
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- TAN for Partnership
- REGARDING GST LIABILITY/....
- Last year TDS Claim
- Long Term Service award taxability in hands of company
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- 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
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
