No. of director falls below minimum.
CS GARIMA JAIN (CS in Ministry of Corporate Affairs) (81 Points)
06 May 2015CS GARIMA JAIN (CS in Ministry of Corporate Affairs) (81 Points)
06 May 2015
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 06 May 2015
The directors can take action only to increase the number of directors to minimum level, and not for any other purpose. Also refer Clause 3.4.2 of Secretarial Standard-1 in this regard.
CS GARIMA JAIN
(CS in Ministry of Corporate Affairs)
(81 Points)
Replied 06 May 2015