There is a private company where there were 2 directors. One of them died past month. Now left with one director. My question is whether we have to appoint the new director in the board meeting as additional director and in how many days we have to appoint the new director. As there is no provision about the death of director in the companies act, can you elaborate the process what has to be done for new appointment and resignation of director?
Click here to view / answer Share it onI am incorporating a wholly owned subsidiary of Foreign Company. I wanted to know apart from foreign company we have to appoint a nominee to fulfill the condition of 2 members. So my question is who can be nominee? Is it necessary to have foreigner nominee or Indian nominee may also be appointed.
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incorporation 'What is the process for changing the designation of director from executive director to non executive director. On MCA it is being displayed as director only but we have to change the nature from executive to non executive.
Click here to view / answer Share it ondesignation director A company got incorporated on 02.02.2017 and filed ADT-1 (appointment of first auditor) on 16.02.2017. In ADT-1 it has been shown that the auditor has been appointed in the AGM dated 16.02.2017. As AGM cannot be held before the closure of financial year, so is there any resolution to this issue?
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Dear Pawan,
In case LLP has been incorporated on or after 1st October of financial year, then LLP can close its first financial year either on the coming or next 31st March i.e. LLP files its first financial year details for 18 months.