Death of Director and Shareholder of Private Company

Pooja M (CS) (102 Points)

11 February 2021  

A private Limited Company has 2 Directors (husband and wife) and both of them are also the shareholders of the Company. The husband died suddenly. I had the following queries :

1. How do we appoint a new Director since there is only one director left in the company

2. What happens to his shareholding. In whose name will it transmit. The son is a minor.