can a agm be held without any director
4 Replies
Ajay Mishra
(Company Secretary)
(74337 Points)
Replied 21 July 2009
Dear Ksubashinee
Yes, if your company article permit you can held AGM without presence of any Director.
Article 52 of Schedule I Table A says that if at, any meeting no director is willing to act as chairman or if no director is present within fifteen minutes after the time appointed for holding the meeting the members present shall choose one of their number to be the chairman of the meeting.
It means u can hold the AGM without any director.
Views of other experts solicited,
Regards
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 22 July 2009
Yes it is very much possible...
Malav Shah
(Company Secretary and AVP Legal)
(171 Points)
Replied 22 July 2009
Yes, an AGM can be held without the Director. However, practically directors have to be present so that they answer the questions of the shareholders about the working of the Company.
Regards
Malav Shah
ksubashinee
(Excutive)
(29 Points)
Replied 22 July 2009
thanx all for the response,
if there is any other section or provisions relates to this please provide.
regards subashinee
Recent Topics
- Profit or Loss on Sale of Assets Accounting treatm
- Clarification on RCM on Rent Payment for QRMP Deal
- Reclaimed itc in gstr9
- Gamification in Accounting Software: Boosting Enga
- I want to knw Hsn code and gst rate of resin produ
- Schedule FA clarification
- Income tax on freelance income from crypto
- ITC temporary reversal and reclaim
- Query on Transactions
- Two GSTN under different PAN in same address
Related Threads
CAclubindia
