If there is a director who was expired on July and the death certificate we got in Nov. So when will take this on record in Board meeting i.e, on which date and in between this July and Nov, there was also AGm held so if take this on Board meeting in Nov then dont we show in AGM? and what about transmission of shares?
Click here to view / answer Share it onIn a LLP, we have three partners
1. One partner has died
2. Other partner is absconding
3. Third partner wants to continue business
What can be the process to remove 1 and 2 and add another partner.
Is there any timeline in which DIR-12 has to be filed due to Cessation of Director due to death has to be informed to ROC?
Thanks In anticipation
Dear Sir
A non designated partnern in LLP died.
what form should we file and within how many days.
Also we dont know who are his legal heirs and their SHARES .so we are waiting for that .
Did any one deal with such case. please let us know!
LLP agreement does not stipulate any clause in the case of the death of a partner. In such case, can we transfer the contribution of Rs.90,000/- of the deceased partner in his wife name after receiving a request letter from his wife in this respect and with the consent of all the partners or shall we ask for legal heirship certificate from tahisildar for admitting his wife as Partner by transferrinf the contribution of the deceased partner in favour of his wife.
New Partner can be admitted with the consent of all the partners as per the LLP agreement. Members may guide in this respect.
contribution
transfer
partner
death
LLP agreement does not stipulate any clause in the case of the death of a partner. In such case, can we transfer the contribution of Rs.90,000/- of the deceased partner in his wife name after receiving a request letter from his wife in this respect and with the consent of all the partners or shall we ask for legal heirship certificate from tahisildar for admitting his wife as Partner by transferrinf the contribution of the deceased partner in favour of his wife.
New Partner can be admitted with the consent of all the partners as per the LLP agreement. Members may guide in this respect.
contribution
transfer
partner
death
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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