Quorum
This query is : Resolved
13 October 2015
Dear Friends / Experts,
Please guide me on the following, IF POSSIBLE:
A Private Limited Company (Small Company) has Two Foreign Shareholders (holding 98:2) only. They are the Directors with One Indian Resident Director (holding 0%).
Query
The said Company is holding AGM (belatedly) on 30/10/2015. One Foreign Director (who is holding 98%) can attend the AGM with the Indian Resident Director (who is holding 0%). Please advise for any probable resolution for Quorum.
Your reply, please..............
Thanks in advance for possible replies from all concerned.
Please guide me on the following, IF POSSIBLE:
A Private Limited Company (Small Company) has Two Foreign Shareholders (holding 98:2) only. They are the Directors with One Indian Resident Director (holding 0%).
Query
The said Company is holding AGM (belatedly) on 30/10/2015. One Foreign Director (who is holding 98%) can attend the AGM with the Indian Resident Director (who is holding 0%). Please advise for any probable resolution for Quorum.
Your reply, please..............
Thanks in advance for possible replies from all concerned.
13 October 2015
Yes dear, since he is director(irrespective of share holding), then the meeting can b formed.
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