Quorum of meeting
This query is : Resolved
14 March 2014
There is a private ltd co. which has 3 directors.
One of the director is about to resign.
My questions are:
1. Will the resigning director be given notice to attend meeting?
2. Will he be counted to form a part of the quorum?
3. What will be the language of the Item: "Leave of Absence" in the board minutes.
Thanks
One of the director is about to resign.
My questions are:
1. Will the resigning director be given notice to attend meeting?
2. Will he be counted to form a part of the quorum?
3. What will be the language of the Item: "Leave of Absence" in the board minutes.
Thanks
14 March 2014
A resolution must b passed in the Board Meeting, about the resignation of the Director, & it must also b mentioned in the Minutes of the Meeting.
Yes the Director must b given Notice of the Meeting.
Yes he will b counted as part of quorum in that meeting.
The language should be:-
The Chairman then read the resignation letter received from ............... and after necessary discussion the following resolution was passed:-
“RESOLVED THAT the resignation of the Director ................. from the Board of Directors be and is hereby accepted.”
Yes the Director must b given Notice of the Meeting.
Yes he will b counted as part of quorum in that meeting.
The language should be:-
The Chairman then read the resignation letter received from ............... and after necessary discussion the following resolution was passed:-
“RESOLVED THAT the resignation of the Director ................. from the Board of Directors be and is hereby accepted.”
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