Appointment of director and present of quoram of a board mee
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 November 2011
a pvt. co. want to insert a matter in his AOA that
"any new director will be appointed by Mr. X & Mr. Y only and no other directors are allowed the same" and
"In every Board Meeting Mr.X & Mr. Y should have been present to form a quoram"
that mean he want to give all the powers to a particular Director by the Articles
can he do so
please reply soon
"any new director will be appointed by Mr. X & Mr. Y only and no other directors are allowed the same" and
"In every Board Meeting Mr.X & Mr. Y should have been present to form a quoram"
that mean he want to give all the powers to a particular Director by the Articles
can he do so
please reply soon
17 November 2011
No, this is not allowed. You can give whole of the power to any one/two directors but it should fall within four corners of Companies Act.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- GST ON EXPORT COMMISSION
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
