Non-filling of casual vacancy
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 July 2011
Dear all,
there is a case where two directors of private ltd co. out of 3 were died in accident in 2008 and casual vacancy has arisen. but company has not filled this vacancy till date.
now my question is how this vacancy can be filled? and is there any penalty on such case?
there is a case where two directors of private ltd co. out of 3 were died in accident in 2008 and casual vacancy has arisen. but company has not filled this vacancy till date.
now my question is how this vacancy can be filled? and is there any penalty on such case?
12 July 2011
Section 262 said in such case the vacancy is filled by the Board can be made but this section is only applicable in case of a Public or Company Subsidiary of Public Company, but Pvt company's are governed by the AOA if anything mention relating to the matter complied with or vacancy can be filled by the Share Holder, because after the death of 2 of 3 Director there is no quarom for Board Meeting.
Message likes :
1 times
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
- Gst credit note by supplier
- Reward for festival
- 18% Rent a cab
- Movement of goods by packers and movers - type of sale - Reg.
- Missed uploading GST Invoice
- RCM and same line
- Appointment of Auditor By Form ADT-1
- TDS Return Statement Status
- ARCA LOGIN
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
