1st Board meeting

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 November 2009 Can in the first Board meeting of a Pvt company only one director is appointed. and all other matters regarding auditors, Common seal, registers etc be considered in the next meeting. The Company already have its 2 directors who are named in the AOA of the co.

Rasesh

Rasesh (Expert)
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24 November 2009 It is practice to do all the above mentioned matters in the first board meeting itself. Moreover, as per the companies act, 1956, if the appointment of auditor is not made within a specified period, then the appointment would be made by Central Government.

Please note that appointment of only one director is not allowed. A Pvt ltd co. is required to have minimum two directors.