Hi, everyone!
I got a question about whether it is possible that there is no chairperson at a directors' meeting? Will this meeting be invaild because of this?
In practical terms, the constitution/rules of the body will provide for a selection of a chairperson from the participants in attendance (provided there is a quorum). What's the context of your question?
In practical terms, the constitution/rules of the body will provide for a selection of a chairperson from the participants in attendance (provided there is a quorum). What's the context of your question?
It was a small proprietary company and three of the directors had a directors' meeting. But it didn't mention who is the chairperson. So I am confused will the lack of chairperson be an issue?
It was a small proprietary company and three of the directors had a directors' meeting. But it didn't mention who is the chairperson. So I am confused will the lack of chairperson be an issue?
Most likely no. However if participants at the meeting objected prior to any resolutions then there is a small chance the resolutions may not be valid. Need to read the constitution to know. It is unlikely the constitution would have a provision invalidating resolution based purely on non-declaration of a chairman. Small companies in reality operate very informally and it works - most of the time.