Respected Member,
Kindly give your valuable comments on the following query:
ABC Limited, an unlisted public limited company not required to appoint KMP due to paid up capital below threshold limited. But appointed whole time director voluntarily. Now, the casual vacancy arise due to death of Whole Time Director.
Queries:
1. Board can fill casual vacancy in its meeting, then, can new director directly hold the position of Whole Time Director ? What will be his designation as he can be appointed as a director upto the term of old director.
2. What will be situation in the Private Limited Company in which the director appointed is First Director? Because Board can fill casual vacancy of that director only who was appointed in General Meeting.
3. What will be the term of director in Private Limited Company as there is no definite time period mentioned while appointing him and there is no retire by rotation?
Dear Group Members,
one of the director in a private limited company has died .so what is the procedure to be followed for for removing him from the board kindly through some light on this
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Thanks & Regards,
CA Vinod Kumar K
Mob No : 9739219677
Whatsapp : 9032624625
One director' name is removed from all companies due to death...his KYC is not done and now to surrender his DIN MCA does not allowed as DIN is not approved..what to do in this case
By PRACHI
Dear Members, What is the procedure to appoint new director in case of death of existing director. Please note that there are still 2 directors in the company excluding the deceased director Please suggest.
Click here to view / answer Share it onThere 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 onThe vacancy caused by the death of a director is to be filled. Now which route should be taken i.e. filling the same by the Board in the manner as laid down for filling a casual vacancy ( i.e. for the remaining period of the original director) or appointment as Fresh (Additional Director). Kindly elaborate the logic behind the (selected) manner of appointment. What if the deceased is an ID?
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