Resignation of All director

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This discussion addresses whether a company's entire board of directors can resign simultaneously and if new directors can be appointed through a single board resolution. The consensus is that this is not permissible, as the company would lose its minimum required number of directors, effectively ceasing to exist until new appointments are made, typically at a general meeting.

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(Querist)
27 March 2020 Whether all director can be resigned and new 3 director can be appointed in one board resolution?
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Eswar Reddy S

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Eswar Reddy S (Expert)
27 March 2020 If all Directors resign then Board (BOD) cease to exist.. Company will have no Directors till it appoints in next General meeting
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
27 March 2020 No, because the company looses minimum number of Directors at a point of time.
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