Interested directors
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 February 2016
If all the directors of a Pvt Co are interested in the proposed resolution, How can the quorum of the Board Meeting be constituted?
23 February 2016
AS per Notification dated 05th June 2015, director can participate for passing board resolution even if they are interested. Please refer the notification. Pvt Co has been given exemption.
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23 February 2016
Director have to disclose his interest . after disclosing he can participate.
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