A pvt ltd company is having three directors.A board meeting could not be held for want of quorum. At the adjouned meeting after 7 days only one director appeared . Can he hold the meeting and decisions at such meeting will be valid?
2 Replies
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 08 April 2015
No, one director cannot hold meeting. Quorum must be present at the adjourned meeting also.
vrishti khare
(company secretary)
(22 Points)
Replied 05 October 2015
what will be the way out to appoint the new director, if quorum of board meeting is not sufficient?
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