Board meeting: only one vote?

555 views
User Avatar

na
24 Points Posted on 28 June 2012
Hi, all At a board meeting with the necessary quorum, suppose all directors abstain from voting on a resolution except one, and that single director vote for the resolution, does the vote of one constitutes a "majority" vote? Thanks.
0 Reply Share Follow
On 28 June 2012 at 06:16 Report
Replies (1)
User Avatar

MIS- Executive
39 Points Posted on 28 June 2012
Except where unanimous voting is requird(in 3 sec., plz refer book for them), resolution by majority rule apply. So in ur gvn case, resolution wd b passed since no 1 was against.
Reply
On 28 June 2012 at 10:57

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Belated Return where Form 10IEA filed this year to
  2. GST Reconciliation Tool (2A vs Books) - looking fo
  3. TDS ON PF FORM 19 WITHDRAWAL
  4. Can a virtual office in Mumbai be used for company
  5. Eway and e invoicing in condition where 4 party ar
  6. Bank balance in ITR-3
  7. INCLUDING PROFITS FROM REIT / INVIT IN SHARE TRADI
  8. Tempsens Instruments IPO GMP Allotment Listing dat
  9. Upload Type - Correction. Not showing in TDS filli
  10. Partnership tax audit query

More recent discussions | Post

Related Topics :

Loading