DEATH AND APPOINTMENT OF DIRECTOR

[Asked by Guest]

Sir,

If there are only two directors in a company and if one dies what are the alternatives available to the comany in this case if the board meeting is conveyed 5 months after the death of the director for appointment of new director. Does this five months amonuts to non compliance of companies act. If yes please advice with solution available

AI Summary

Director vacancy: delay in appointing a replacement after death may raise Companies Act compliance concerns and require remedial steps.
Director vacancy caused by the death of one of two directors: what alternatives and procedural options exist to appoint a replacement where a board meeting is convened five months after the death, and whether that delay constitutes non compliance with the Companies Act; requester seeks guidance on available solutions.