Case referance to BOD of Two Directors
This query is : Resolved
09 November 2008
Hai Everyone
Pls provide case referenace to disputed in BOD of Companies where only Two Member having 50% 50% share holding and both are director in Company.
Pls provide case referenace to disputed in BOD of Companies where only Two Member having 50% 50% share holding and both are director in Company.
10 November 2008
What is the dispute? On passing resolution? There will be dead-lock.
10 November 2008
One director is not attending metting regular. Whenever Notice of BM is issued he requesting for adjrn of meeting. He also not permit to appoint another person as additional director
10 November 2008
If the shares are exactly equal and no other shareholder exists, it is a problem unless the shareholding agreement between them provides any remeady. Otherwise the director should petition the Regional directot CLT.
11 November 2008
Yes, Shares are exactly Equal and no other shareholder in company
11 November 2008
I think only way open is to petition to CLT.
12 November 2008
Guide me whether Single director can held BM with permision of CLB/ROC and what is process to get permission from ROC/CLB
12 November 2008
no
13 November 2008
If No then what options are available to us to resolve the above problem
13 November 2008
The director who wants justice can apply to CLT u/s 398 of Companies Act, if he is amember of the company.
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