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Disqualification of director

Others 287 views 2 replies

CASE :  IN MY CASE COMPANY HAVING THREE DIRECTOR , OUT OF THAT TWO BECAME DISQUALIFIED DUE TO NON FILING OF ANNUAL RETURN IN ANOTHER COMPANY. WE WANT TO APPOINT DIRECTOR SO THAT TOTAL QUALIFIED DIRECTOR BECAME TWO. WHAT TO DO .

PLEASE ADVICE

 

Replies (2)
In case the number of directors reduced below minimum and no quorum can be formed for Board meeting......Regulation 69 of table For provides that continuing directors may act for appointing directors to that fixed for quorum for appointing directors and for no other purpose....
Yes, I agree with Mr. Kishore Mohan,
in addition refer section 174(2) of companies act


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