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PVT company - of 3 directors, in borad, two are forign nationals resident abroad - the resident director passed away 5 weeks back-the obtention of documents for digital signature of the non resident director is taking time-is there any time limit for the appointment of the new resident director- please advise

Director

Posted By: M s ramachandran 7 year(s) ago

This question has been closed if you want to answer,you have to re-open.


    Rajeeb

There is no exact rule book for the said event, whereas one resident director is just mandatory for every company, hence a right corporate professional should interpret that the vacancy be filled at immediate possible, basis. Thanks

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    Shivam Singhal

There is not any kind of provision under section 149(3) for filling the vacancy

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    Shivam Singhal

There is not any kind of provision under section 149(3) for filling the gap

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