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small shareholder director

Vijay Boliya (220 Points)

06 April 2019

Can small shareholder appoint more than one small shareholder director?

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7 Replies

Priya Kashyap (Student) (7048 Points)
Replied 06 April 2019

no that's not possible

2 Like

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meenakshi upreti (99 Points)
Replied 06 April 2019

no only one director can be appoint as a small shareholder director..

1 Like

Vijay Boliya (220 Points)
Replied 07 April 2019

Thank you all, one more small query

Chairman of board is count in quorum? If yes then how he vote other than second/casting vote? If no than suppose pvt. Company quorum limit is 2(total director is 3), chairman is not present, director appoint 1 chairman among themselve.

Priya Kashyap (Student) (7048 Points)
Replied 08 April 2019

in case he is a member of company

2 Like

meenakshi upreti (99 Points)
Replied 08 April 2019

chairman has casting vote.. if equal no of votes cast in against and favour then the chairman has right to vote.

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Vijay Boliya (220 Points)
Replied 09 April 2019

Meenakshi u right but I say that other than casting vote. OK forget,what about quorum? He count or not. I think he counts. But problem arise when 2 director present and one appoint as chairman among themselve and how he vote other than casting vote. Please confirm me...