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Urgent query on increase in number of directors

Others 586 views 1 replies

Radhika

Consultant

320 Points Joined February 2011

Dear Members,

A public limited company took approval from Central Government to increase its number of directors. However, the company did not appoint the directors even after one year of sanction by CG. Please explain the further course of action. Does the company need to seek CG approval again or can it pass a resolution in its Board and appoint directors now? Please reply its very urgent.

Thanks in advance!

Radhika

Replies (1)

Narendra Verma

Senior Executive

116 Points Joined July 2009

whether the CG has accorded its approval for incrase in no. of directors. if yes, whether have you altered your AOA to by mentioning the increased limit of directors. If you have done this then there is no need for fresh approval, if no. of directors are being incrased within the sanctioned limit.