07 October 2009
A private Ltd Co. with two members and both are directors of the same company. One of them wants to call AGM or EGM and another director resist.
What provision availabel to the agreed director to held an AGM except notice to Company Law Board or NCLT.??
What will be the provision of EGM on the facts that only two members in the company.IS it possible to held EGM on Sua-moto.
Hope you will provide relevant answer for the situation based on Company Law and court decree of the same.
Thanks in advance for the right information provided by you.
07 October 2009
One person can request for egm through court. Since only two persons are there the egm should be conducted through court supervision. The court will appoint the officer to conduct egm depending on the matter for which egm is being called for and the amount involved.
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