A pvt ltd company is having three directors.A board meeting could not be held for want of quorum. At the adjouned meeting after 7 days only one director appeared . Can he hold the meeting and decisions at such meeting will be valid?
Menu
Adjourned board meeting of a pvt ltd co
Replies (2)
No, one director cannot hold meeting. Quorum must be present at the adjourned meeting also.
what will be the way out to appoint the new director, if quorum of board meeting is not sufficient?
Recent Topics :
- NPO registered under sec 8 itr filing
- Form 144 (Earlier 27Q) – Reason Code (A/C/G/
- Nps taxation
- Representative assessee
- Investment Income as Business Income for Sec. 44AD
- In ITR 4 u/s 44ADA what amount we shoud show under
- Salary expenses how to treat
- Pos related issue
- Gift of unlisted shares to friend upon marriage
- Utilising Section 54(F) for capital gains reinvest
Related Topics :
CAclubindia
