05 August 2008
Sir, I am a student of CA & CS i wish to know that in case of a defunt company, can a single director by board of directors resolution can dissolve the company under section 560. Thanks Regards Pulkit
05 August 2008
sir, Thanks for giving your precious time. But sir what will be the implications if we proceed with one director. Also the matter is if that is authorised by the board of directors to do so, then also we cann't proceed
07 August 2008
In case the company is left with one director then also the company will have to appoint another director to form the quorum and then proceed further.