Praveen Agarwal (ARTICLE) (74 Points)
26 September 2011In a company a new director is appointed in 26.05.2011 ie in year 2011-2012.
Is he is authorised to attened board meeting and Annual General Meeting regarding authentication and adoption of accounts for the year 2010-2011 which is held after his appointment.
Further can he became the chairman of such meetings.
Can he sign the Balance Sheet for the year 2010-2011..???????
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 26 September 2011
yes, the new director can be present in the BM for a/cs approval of 10-11 though he is taken to Board after 31/03/2011. He can be a signatory too.
Normally directors are present in the AGM. But can a stand be taken that a director who is not a shareholder is not entitled to be present in the AGM ?
regards
Praveen Agarwal
(ARTICLE)
(74 Points)
Replied 27 September 2011
can u be able to give the section for the same
RG - A Helping Hand
(Company Secretary)
(13867 Points)
Replied 27 September 2011
Agree with Dipjyoti ji.
There is no section for the above secretarial practice. He can sign all the documentation and attend all the board meetings.
RG
Nandan
(Consultant)
(25 Points)
Replied 01 December 2011
Hi
Can anyone tell me what are the consequeces if the Board makes default in sending notice to one of its shareholder out of 4
thanks
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