if min. no. of directoship of a company falls below the minimum number limit and still company carries on its operations then what are the penal provisions ?
eg - if a public company has 3 directors and one dies and company continues to function for entire 1 year then what will be the consequences ?
Menu
minimum no. of directorship
Replies (4)
Did the directors try to fill that vacancy.
directors can fill the casual vacancy
Company act 2013 has provided a period to till such vacancy.
3 director is reqiured for BOARD OF DIRECTOR. It does not means that company have not 2 directors.
Recent Topics :
- Practical queries on buy back of shares
- Any faculty recommendations for latest batch recor
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
Related Topics :
CAclubindia
