Question on director resignation

SRINIVAS A SURESH (Manager - Accounts) (28 Points)

26 May 2010  

I like to understand a question which i have,

There are two directors in a private company (minimum requirement) and one of the director as resigned suddenly?

What is the solution, is that we can appoint a new director with in a gap 21 days  or how to deal this.


I received a solution  which is that we can only accept the resignation after appointing a new director ? Is this correct or any other solution to handle as per corporate law for such a immediate resigation.

Practically if it isl not  possible to get the resignation at a later date? i.e. after appointing a new director .  Is there any other way?

 

Request your help urgently.

 

Regards,

Suresh - 97418 66608