Law Aspire (CS) 10 August 2018
|Originally posted by : Ankur Garg|
/* Style Definitions */
mso-padding-alt:0in 5.4pt 0in 5.4pt;
mso-fareast-font-family:"Times New Roman";
mso-bidi-font-family:"Times New Roman";
Regularization of additional director in an AGM is a special business for which explanatory statement under section 173 is required. This resolution is required to be passed by ordinary resolution.
In case of central govt /state gvt companies, the directors appointed by way of Government order.
In that case also we need to regularize in AGM /EGM meeting?