Circular resolution under companies act

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Audit Accounting and Consultancy
28 Points Joined February 2009

Hi All,

Can we pass a circular resolution if we have all the directors (of a pvt ltd co.) who are non-residents (residing abroad) and have no usual address in India?

Thanks

Kishore

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On 23 April 2010 at 14:21 Report
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Company Secretary
238 Points Joined February 2010

No reffer sec. 289 it clearly says that the address of directors shold be in India

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On 23 April 2010 at 14:38
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Company Secretary and Compliance Officer
114783 Points Joined January 2009

Agree. Compliance of 289 is a bit difficult in your case.

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On 23 April 2010 at 16:38
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The Solution to ur problem is very easy.

Hold the Board meeting outside the India, as there is no restriction on the same.


Pass the resolution in that Board meeting. Thats all.

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On 25 April 2010 at 17:52


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