Director of the company recently died What should the company do?
Panwa: If director passed away, the company must prepare an application for registration within 14 days from the date of the director’s death. In case there is 1 director and has passed away, A shareholders’ meeting must be held to resolve the appointment of a new director and to amend the authority of the director. Make a request at the same time and submit a notification to change the deceased director within 14 days.