Replace Checkbox Group into the Appointment Of Shareholder'S Representative and eSign it in minutes

Aug 6th, 2022
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How to Replace Checkbox Group into the Appointment Of Shareholder'S Representative

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as the company grows some of its structures change some of the structures that may change may be to be the leadership of this company and by this leadership I mean maybe the director or the director shareholder maybe you need to remove or add a new director in this video today we are going to see how are you able to remove a director from your company using the ecitizen portal so I urge you to continue subscribing to our channel to continue sharing so that we can continue learning more about the companies about KRA business management and also financial management has kids so uh for you to be able to remove a director number one they need to have a resignation letter of which they have already signed number two they need to say enough an affidavit such that they have consented a blue area that they are going to be removed as a director number three we need to have minutes for a resolution indicating that uh the company board of directors sat down and so its good maybe to release the s

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Clause (a) of sub-section (1) of section 113 provides that where a body corporate is a member of a company, such body corporate may authorize any person it thinks fit to act as its representative at any meeting of the company or at any meeting of any class of members of the company.
A quorum refers to the minimum number of members you need to conduct a shareholder meeting. Generally, at least two shareholders must be present to meet quorum. However, this can change if you provide otherwise in your company constitution or run a single shareholder company.
How to add new company shareholders. You can appoint (add) new company shareholders at any point after incorporation. To do so, existing shares must be transferred or sold by a current member to the new person. Alternatively, you can increase your companys share capital by allotting (issuing) new shares.
(iii) thirty members personally present if the number of members as on the date of the meeting exceeds five thousand; (b) in the case of a private company, two members personally present, shall be the quorum for a meeting of the company.
The employee shareholder representative is a member of the Board of Directors, the corporate body that determines the orientations of the Companys activities and ensures their implementation. The employee shareholder representative has the same rights and duties as the other members of the Board.
As per Section 174(1) quorum for Board meeting shall be one- third of total strength or 2 directors whichever is higher. For the purpose of quorum, directors participated through Video conferencing or audio visual means shall also be counted. Provided that the quorum shall not be less than two members.

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