Devivaraprasad Royal 07 February 2019

companies act,2013

What happens when all the private company members are died at once?

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Muhammad Moin 07 February 2019

perpetual succession.

Devivaraprasad Royal 07 February 2019

Are you intending to convey that shareholders commence the meeting and elect new director air

Muhammad Moin 07 February 2019

In accordance with companies act 2013. If the company is not carrying out its business for specified years . It will be declared as dormant company . Still if no process of. Carrying on business either by legal heirs or any other person . Company will be struck off from ROC

Devivaraprasad Royal 07 February 2019

That's ok sir.My question is what's the situation if all the directors of a private company are died at once.....who will be the director

Muhammad Moin 07 February 2019

Confirm yourself with specific question. Director and member has difference. If all the directors dies. Members being ultimate owners can conduct meeting themself and appoint directors. If members dies , transmission of right will take place. Where legal heirs will step in to the shoes of died members . If both members n directors dies . The supra comment u can refer to Thanx!!

Devivaraprasad Royal 07 February 2019

Thanks a lot sir...i am studying LL.B ....in one of case law question they asked"Does private company ceases to exist if all its directors are died in a accident at once ?

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