22 September 2011
Managing Director resigned with immediate effect. For appointing new director we need to hold Shareholder's meeting. But one of our our two shareholders (Overseas) is in liquidation and there is no one to authorize representation.
27 September 2011
If the Board has the requisite quorum, call for a Board Meeting and appoint the new director as Additional Director who will hold office till the next AGM.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
27 September 2011
There is now only one Director on Board. So we do not have requisite quorum.
CAclubindia
