The Annual General Meeting (AGM) of Green Limited was held on 31.8.2024. Suppose the Chairman of the company after two days of AGM went abroad for…

CA Intermediate · Corporate and Other Laws · MTP · January 2025
The Annual General Meeting (AGM) of Green Limited was held on 31.8.2024. Suppose the Chairman of the company after two days of AGM went abroad for next 31 days. Due to the unavailability of the Chairman, within time period prescribed for submission of copy of report of AGM with the registrar, the report as required was signed by two Directors of the company, of which one was additional Director of the company. Comment on the signing of this report of AGM.
(A) Yes, the signing is in order as the report can be signed by any director in the absence of Chairman.
(B) No, the signing is not in order as only the Chairman is authorised to sign the report
(C) Yes, the signing is in order, as in the absence of Chairman at least two directors should sign the report.
(D) No, the signing is not in order, since in case the Chairman is unable to sign, the report shall be signed by any two directors of the company, one of whom shall be the Managing director, if there is one and company secretary of the company.

Suggested Answer and Working Notes:

Correct Answer: Option (D)

No, the signing is not in order, since in case the Chairman is unable to sign, the report shall be signed by any two directors of the company, one of whom shall be the Managing director, if there is one and company secretary of the company.

Topics: Management & Administration

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic