LCI Learning
Master the Basics of Legal Drafting in All Courts. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Indian companies act 1956

(Querist) 27 December 2012 This query is : Resolved 
I have not able to conduct Annual General Meeting because of dispute and lack of co-operation from other directors. as per section 167 of the company act i can make an application to the CLT to allow me i.e. single director to form quorum and conduct AGM. Whereas section 174 (5) allows me to adjourn meeting for one week and in case other directors do not attend, then the present directors will constitute quorum. Now I am in dilemma as to which provision to follow. Should I approach CLT (as per section 167) or should i adjourn AGM for one week and if other directors are not present then I alone will make a quorum for the meeting (as per section 174 (5). Please remember that section 167 specifically uses the term AGM whereas section 174 (5) only uses the term quorum for a meeting. An early reply will be appreciated.
Guest (Expert) 28 December 2012
Specify the real problem, if you face any. Also write in what way you are concerned with those sections of the Companies Act.
R.K Nanda (Expert) 28 December 2012
state real facts.
jastej singh (Querist) 29 December 2012
what other facts should i specify @RK Nanda
jastej singh (Querist) 31 December 2012
Experts kindly reply my query on urgent basis. I am still waiting.
Ms.Usha Kapoor (Expert) 11 July 2018
I agree with experts.


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :