Hi all,
In a private limited company, when a director dies, are directors related as per Sec2(77) of Companies act considered interested directors for the resolution for taking note of the death ?
Regards,
Geetha
Geetha Gupta (Accountant) (325 Points)
09 August 2018Hi all,
In a private limited company, when a director dies, are directors related as per Sec2(77) of Companies act considered interested directors for the resolution for taking note of the death ?
Regards,
Geetha
Geetha Gupta
(Accountant)
(325 Points)
Replied 09 August 2018
Hi all,
This can be considered resolved since this event cannot be a related party transaction at all as this event cannot be done with anyone's consent.
Regards,
Geetha