Process of Functioning of a Pvt Ltd Company with Absent Directors
What is the process of functioning of a Pvt Ltd company in case two of its three directors are unable to attend to the company affairs? One of the three directors has been barred as an authorized signatory in any of the affairs of the companies, and another is seriously ill and hospitalized under critical care. The affairs are:
1. Board resolutions
2. Addition of a director as the company bylaws suggest the signature of any two directors in banking affairs.
3. Representation to the bank for allowing the cheques to be honored with a single signature in the absence of the resolution with two signatures.
Kindly suggest the procedures to run the affairs.
From India, Delhi
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What is the process of functioning of a Pvt Ltd company in case two of its three directors are unable to attend to the company affairs? One of the three directors has been barred as an authorized signatory in any of the affairs of the companies, and another is seriously ill and hospitalized under critical care. The affairs are:
1. Board resolutions
2. Addition of a director as the company bylaws suggest the signature of any two directors in banking affairs.
3. Representation to the bank for allowing the cheques to be honored with a single signature in the absence of the resolution with two signatures.
Kindly suggest the procedures to run the affairs.
From India, Delhi
Acknowledge(0)Amend(0)
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Procedure-of-Re gistration-of-N ew-Pvt-Ltd-Comp any[1].pdf