In a Pvt Ltd Co., if there'r two directors on the Board & out of two, one expires, how to fill vacancy created on death of one director by other remaining director?
2 Replies
CS Ankur Srivastava
(Company Secretary & Compliance Officer)
(17853 Points)
Replied 15 May 2009
Dear Friend,
In this case Additional Director is to be appointed for only maintaining the strength of the Board. He cannot do any other act, but only for the purpose of maintaining the strength of the Board.
After that more directors may be appointed or he may be regularise after the expiration of his tenure.
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