If there are 2 director in Pvt Ltd company and 1 director resign by himself by filling dir11 then within how many days company (remaining director) have to find another director to satisfy minimum 2 directors for Pvt Ltd company?






The Company can refer Section 174(2) of the Companies Act, 2013 and itโ€™s Articles of Association for the remedy. Section 174(2) provides if the number of directors falls below the quorum then the continuing directors:

  • may appoint a director in the meeting for increasing the number of directors to that fixed for the quorum or
  • Summon a general meeting of the company to appoint a director and for no other purpose.

Clause 69 of Table F provides that if the number of directors falls below the quorum fixed by the Act, the remaining directors can, for increasing the number of directors to that fixed quorum, summon a General Meeting of the Company. Hence, it is advisable to appoint another director before transacting any other business. To know more please visit our blog -  All Directors Resigned; What to do?

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