The tenure of an additional director is only valid until the next AGM. His tenure will immediately end if he is not regularised krunker at the AGM.
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Hi Everyone,
Will the following person is considered as a Related Party in a Private Company:
1. Private Trust who is a shareholder of the Pvt Company
2. Public Trust who is a shareholder of the Pvt Company
Dear All,
Kindly explain if the auditor of the company has resigned and if we have also appointed a new auditor in EGM and also has filed ADT-1, then
1. in next AGM, do we require to file ADT-1 again after ratification??
2. From where the tenure of 5 years shall start: from the year of EGM or from the year of AGM??
Hi,
Company A is a Public Limited registered on 2019, with 7 share holders out of which 3 are promoters. As per the requirements the Company take ISIN and demated the shares of 4 share holders (promoters and directors). Further the company has increased capital and allotted new shares and added new shareholders too. The initial subscriber (3) shareholders holding less than 1% is not open demat account and not complied with the procedures even after follow-ups and they were not responding to companies communications. What are your thoughts? whether its a mis compliance if 100% shares are demated? Is there any ways available to forfeit that shares? Or to transfer to IEPF?
Dear Professionals,
Can anyone suggest me the documents for increase in capital contribution in LLP.
Dear Members,
The Number of Directors fall below 5 in producer co due to death of 1 director & company has appointed another due to this vacancy after 6 month is this amount noncompliance?
As per AOA the minimum requirement for director is 5.
Dear Professionals,
Being a PCS before affixing DSC of any Promoter on any Form under Companies Act. is it mandatory to take written Authority Letter for the same?
Thanks,
Dear Professionals,
Is DPT-3 Applicable on OPC Companies Also?
Thanks
Dear All,
Greetings of the day
Kindly guide me that the procedure followed for change in the regd off within the city of a private Ltd Co is same as the change in the regd off of a subsidiary Co. Holding Co is a foreign Co.
If a person is appointed as an additional director of a company in a board meeting, then the board of directors must approve the appointment within three months from the date of the meeting, at which the person was appointed.
If the approval is not obtained within this time period, then the appointment of the additional director will be deemed to have ceased from the date of the meeting in which he was appointed.
If the board of directors approves the appointment of the additional director within the stipulated time period, then the company must file Form DIR-12 with the Registrar of Companies (RoC) within 30 days of the approval.
Once the Form DIR-12 is filed, the additional director will become a regular director of the company, subject to the terms and conditions of his appointment. It is important to note that the regularisation of an additional director does not require the approval of shareholders, unless the Articles of Association of the company specifically require it.