Circular resolution under companies act

2250 views 3 replies

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

Replies (3)

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

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

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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If you need further clarification than contact me

 

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“Guru Gautam” Bungalow, Inside Parshwa Tower,

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Satellite, Ahmedabad – 15

 

Contact: + 91-9427633901

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