Easy Office
LCI Learning

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.

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.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query