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A new Director is appointed in 2 steps. First, there will be a proposal by Board of Directors to add a new director and then once the new director agrees to join the board, there will be EGM of shareholders where this appointment is rectified. Hence, practically if the board does not agree with adding a new Director (s)he cannot ...
Wazzeer Professional Network
ProfessionalCan a private limited company in India appoint a new director without the consent of the existing directors?
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Wazzeer Professional Network
ProfessionalA new Director is appointed in 2 steps. First, there will be a proposal by Board of Directors to add a new director and then once the new director agrees to join the board, there will be EGM of shareholders where this appointment is rectified. Hence, practically if the board does not agree with adding a new Director (s)he cannot be added to the board. However, the Shareholders if they so desire has the right to call for EGM even without the board's consent and take decisions like adding or removing directors with or without the consent of existing directors.
Hence, to answer your question if Shareholders decide to add a Director it can be done with or without the consent of the existing board.
almost 3 years ago
View answer
Can a private limited company in India appoint a new director without the consent of the existing directors?
-
Wazzeer Professional Network
ProfessionalA new Director is appointed in 2 steps. First, there will be a proposal by Board of Directors to add a new director and then once the new director agrees to join the board, there will be EGM of shareholders where this appointment is rectified. Hence, practically if the board does not agree with adding a new Director (s)he cannot be added to the board. However, the Shareholders if they so desire has the right to call for EGM even without the board's consent and take decisions like adding or removing directors with or without the consent of existing directors.
Hence, to answer your question if Shareholders decide to add a Director it can be done with or without the consent of the existing board.
almost 3 years ago
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