Quorum in a pvt ltd co
This query is : Resolved
YOGESHWARI
(Querist)
27 August 2013
One co.has only four shareholders.Three of them are in foreign.For appointing auditor it is necessary to conduct general meeting.But how is it possible? Please give me solution in a proper and practical way.it's argent.
Thanks
Thanks
Ajay Mishra
(Expert)
27 August 2013
Hi
A member has right to appoint proxy to any one, if he is not intended to attend meeting.
So suggest foreign member to appoint proxy.
A member has right to appoint proxy to any one, if he is not intended to attend meeting.
So suggest foreign member to appoint proxy.
Message likes :
1 times
YOGESHWARI
(Querist)
28 August 2013
Thank you for replying me.But sir it is provision for quorum that proxy is not consider in quorum as per co.law.so how can we fulfill the criteria of quorum as three shareholders out of four are in foreign.And it is also necessary for quorum in pvt.ltd.co.that 2 members must have present physically in meeting.
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
- Accounting treatment of AMC alongwith the purchase of Laptop
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Tax on Amount transferred in HUF Account
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
