Section 160 read with 162
Hari Prasad Menon (18 Points)
19 March 2020Hari Prasad Menon (18 Points)
19 March 2020
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 19 March 2020
Appointment of more than 2 directors via SINGLE RESOLUTION is NOT allowed unless comply with Sec 162 .
In your case , YES SEC 162 VIOLATED
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 19 March 2020
Important Note Added : Sec 162 is not applicable to PRIVATE COMPANIES who has not defaulted in filing Financial Statements and Annual Report .
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)