Director
This query is : Open
29 December 2011
Can two existing directors present in India also be appointed as Alternate Directors of another two existing directors who are outside India for a period of more than three months?
29 December 2011
Its Very Urgent Friends and Experts.
29 December 2011
It is not possible.
If at all possible may create quorum problem.
If at all possible may create quorum problem.
29 December 2011
I further clarify that as per quorum provisions of AoA the quorum for a meeting of the Board is one third of its total strength or two Directors, whichever is higher.
The total no. of directors in the company are Five (3-in India and 2-outside India).
The total no. of directors in the company are Five (3-in India and 2-outside India).
30 December 2011
I think this is not possible. because at the same time a person can not be aDirector as well as an Alternate Director. and further if u do so then strength of director shall be reduced to 3 instead of 5.
OTHER VIEWS ARE SOLICITED..
OTHER VIEWS ARE SOLICITED..
30 December 2011
agree with Mr. Jitendra..
03 January 2012
Its very Urgent please!!!!!!
03 January 2012
It can not be done friend..
06 January 2012
Dear all, thank u for ur valuable response. Please provide me the base/reference/provision of the bare act/section under which it is provided that 'A same person can not be appointed or act as independent director as well as alternate director'. I further clarify that, there is no matter if strenth of director is reduced to 3 from 5 because as per provision of AoA quorum for board meeting is one third of total strenth or two director, whichever is higher and quorum for general meeting is two members personally present.
07 January 2012
It's Very Urgent Please!!!!!!!
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 1 processing
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- Reporting Income under Section 44ADA
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- ITR 1: Details for showing Exempt Income
- ITR selection for salaries and capital gain less than L
- ITR returnFY25-26
- ITR 2 Short Term gain & Long term gain
- 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
- 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
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
