Can a single director form quorum and also other condition is that if there are 2 directors and 1 director resign in same meeting than whether alone 1 director can go further in transacting buisnesses of meeting.
28 June 2011
Single director can convene or conduct a Board Meeting only for the limited purpose of filling up the casual vacancy caused in the office of Director resulting in insufficient quorum or for the purpose of convening EGM.