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.
CAclubindia
