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Alternate directors

Others 635 views 1 replies

CAN AN ALTERNATE  DIRECTOR BE CONSIDERED FOR THE PURPOSE OF QUORUM UNDER SECTION 285 ?ONCE THE FY OF A COMPANY ENDS AFTER THE GAP OF HOW MANY MONTHS SHOULD THE ANNUAL ACCOUNTS BE PLACED IN GM?

Replies (1)

Alternate directors are directors in their own capacity and   hence shall be counted in quorum.

As per section 210 in case of first FY of co. annual a/c's have to be placed within 9 months.

in case of subsequent FY annual a/c's have to be placed within 6 months+extension allowed under 166 (if any).

All the best!!


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