SUPPOSE THERE ARE 5 DIRECTORS IN A COMPANY. 3 OF WHICH ARE MAJORITY DIRECTOR AND REMAINING 2 ARE MINORITY DIRECTORS.
NOW THE MAJORITY DIRECTOR PROPOSED TO APPOINT ANOTHER DIRECTOR INTO THE COMPANY. THE MINORITY DIRECTOR DO NOT WISH TO ADMIT THE NEW DIRECTOR ON GROUNDS OF FRADULENT NATURE OF NEW DIRECTOR.
CAN THE MINORITY DIRECTOR STOP SUCH APPOINTMENT?
WHAT IS THE REMEDY AVAILABLE WITH THEM.?
The same(resistance) can be recorded in the minutes of the Board Meeting.
Yes,can oppose but except recording of the oppose nothing can be happened.
ADY & CO.
New Delhi
Graduate (Any)
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CCI
Pro
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