Limited company - one director and the company secretary. Do both need to be present at a board meeting and general meeting to create a quorum?
Does it make any difference if both are shareholders, or if only the director is shareholder?
Chris McLaren
Replies (2)
Please login or register to join the discussion.
..bit difficult to know where to start....
...Chris, but perhaps best to just look at the meaning of the words in your questions, which will get you 99% of the way there.
"Board meeting". What do you think a "board" is? Commonly it means the board of director(s). Not the board of director)(s) and the company secretary. So it's a bit difficult to see how the company secretary can contribute to a quorum. However the specific company's Articles of Association are the only place to find out what constitutes a quorum for a specific company's directors meeting - have a peek. Hopefully the company's articles do not specify there must be more than one director (in which case, there is a slight problem!!)
"General meeting". A general meeting of whom? Assuming you mean it in the commonly used sense, it is a general meeting of shareholder(s), not a general meeting of shareholder(s) and directors, nor a general meeting of shareholder(s) and company secretaries, nor a general meeting of shareholder(s), directors and company secretaries.............But again, you must check the specific company's Articles of Association.