CA Ankur Agarwal (CA) (110 Points)
04 January 2019SUPPOSE THERE ARE 5 DIRECTORS IN A COMPANY. 3 OF WHICH ARE MAJORITY DIRECTOR AND REMAINING 2 ARE MINORITY DIRECTORS.
NOW THE MAJORITY DIRECTOR PROPOSED TO APPOINT ANOTHER DIRECTOR INTO THE COMPANY. THE MINORITY DIRECTOR DO NOT WISH TO ADMIT THE NEW DIRECTOR ON GROUNDS OF FRADULENT NATURE OF NEW DIRECTOR.
CAN THE MINORITY DIRECTOR STOP SUCH APPOINTMENT?
WHAT IS THE REMEDY AVAILABLE WITH THEM.?
Santhosh Ganesh
(AGM - Secretarial )
(136 Points)
Replied 04 January 2019
The same(resistance) can be recorded in the minutes of the Board Meeting.
CS M Pota
(Company Secreatary)
(3186 Points)
Replied 04 January 2019
Yes,can oppose but except recording of the oppose nothing can be happened.
c.bakshi
(practising company secretary)
(3221 Points)
Replied 11 January 2019
CAclubindia
