Important Note Added : Sec 162 is not applicable to PRIVATE COMPANIES who has not defaulted in filing Financial Statements and Annual Report .
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As per Sec 162(1) of Companies act 2013, the appointment of two or more person as a director by single resolution is not permissible.
However the same subsection says a proposal to move a motion for the appointment of two or more person as directors by a single resolution has first agreed at the meeting without any vote cast against it.
It means before appointing two or more persons as director by single resolution, the meeting first agreed upon the appointment by single resolution with 100% vote.
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