In a company, all the directors have resigned from the board of the company and promoters have also resigned to be considered as promoters of the company. The previous board have appointed additional directors so the company could function. But the situation is that the additional directors wish to ratify their position in the company and they wish to conduct an EGM for their appointment as directors of the company. Please guide: whether the position of the additional directors in such a situation can be ratified by convene an EGM?
CAclubindia
