Quorum of meeting
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 August 2014
A Pvt Ltd Company having 2 Director and 2 member. They want to convene baord meeting for passing resolution for a contract in which one director is interested. As per companies act 2013, interested director cannot cannot participate in the discussion and for forming a quorum atleast 2 director is required. Then how will the resolution be passed?
If the 1 director and 1 member out of 2 is interesed in the contract then also how will the resolution be passed as per companies act 2013?
If the 1 director and 1 member out of 2 is interesed in the contract then also how will the resolution be passed as per companies act 2013?
12 August 2014
Can you tell me which section says so in Companies Act,2013.
I know that section 300 of 1956 act had such a restriction.
I know that section 300 of 1956 act had such a restriction.
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 August 2014
Section 188 of Companies Act 2013 have such restriction.
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
- TWO FIRM NAME IN ONE GST NUMBER
- ITR -1 Filing
- Section 54 f disallowed will be taxed at what rate
- Transportation of Petrol, Diesel by GTA and Other than GTA
- Transfer of rectification rights to ao
- TDS whether applicable or not in case of Flat purchase
- Transfer of Rectification Rights to the Jurisdictional Assessing Officer
- Eway issued more than one
- Trust 10AB form required for old asst. years?
- SEA GOING ALLOWANCE
- Utilisation of cgst cash ledger balance first to pay cgst liability instead of cgst credit ledger ba
- Pension Misclassification and Correction in Filed ITRs
- Gratuity payment criteria
- Procedure and Documents Required for Release of FD from DVAT
- How to rectify gstr1 credit note
- Non- payment of GST on supply of services- reg
- Other party gstin shown on my login id
- Accumulated surplus exceeding 15%
- Different GST Number MEESHO
- Query on TDS Section 194H
Trending Online Classes
CAclubindia
