Appointment of director

Pvt ltd 430 views 1 replies

Hi,

A Private limited company with only 2 directors having the following shareholding pattern

Director  A  - 85% of share

Director  B - 15% of share

1. Can Director A  appoint one more director with out the concert of the Director B?  

2. What are all the powers the Director A have due to the majority shares in the company?

Thanks in advance for your kind time to answer this question.

Best regards,

Sreevesh. R

 

Replies (1)

dear sreevesh,

director A holds 85% shares. hence he has all the powers. he can take any decision on his own without the consent of director B. but now without the knowledge of director B.

director A will have to give notice of meeting to director B. quorum requirements need to be satisfied.

regds,

sangram 9422622828.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Threads
Loading