case study;- suppose there is 2 director in private company.
after some time both director died in road accident. then tell me what r the legal compliance followed by company or central govt.
Menu
private company
Replies (2)
Upon death of all the directors, the shareholders shall have power to appoint new directors in place of them. In case the directors were the only shareholders then in that case their legal heirs will become the share holders in place of them and they shall appoint new directors.
Devendra soni
What is the time limit for appointment of new directors by shareholders or legal heirs of the shareholders, as the case may be?
Recent Topics :
- Invoice made but goods not sent
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
Related Topics :
CAclubindia
