Director appointment & resignation
This query is : Resolved
03 November 2012
Dear Sir,
I have a query relating to change of management and subsequent appointment and regularisation of directors. The management changed on 25/9/2012 and on same date directors were resigned and new directors were appointed as additional directors. Further on the same datei.e. 25/9/2012 EGM was held on shorter notice for regularisation of director.
My query is this a correct procedure or section 257 will be applicable and at least 7 days notice be required?
I have a query relating to change of management and subsequent appointment and regularisation of directors. The management changed on 25/9/2012 and on same date directors were resigned and new directors were appointed as additional directors. Further on the same datei.e. 25/9/2012 EGM was held on shorter notice for regularisation of director.
My query is this a correct procedure or section 257 will be applicable and at least 7 days notice be required?
03 November 2012
Hi
Section 257 says after you receiving the intention of membere or individual to appoint director, either you serve 7 days notice or newspaper publication.
In your case, if you regularise the additional director on the same day it means you are not complying the provision of this section.
Section 257 says after you receiving the intention of membere or individual to appoint director, either you serve 7 days notice or newspaper publication.
In your case, if you regularise the additional director on the same day it means you are not complying the provision of this section.
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