Hello, I am Keith, one of the experts on Just Answer, a Chartered Secretary, and pleased to be able to help you with your question.
The director who has resigned has no say in the company's operations from the moment of resignation so his or her presence at the Board Meeting approving the accounts is redundant. Their presence is not required to approve the accounts.
I do hope that you find my reply of assistance.
just to clarify. a shareholder is not part of the board meeting.
I appreciate that most of the time the director is the shareholder.
No, a shareholder has no right of attendance or participation at board meetings uness invited by directors and even then he has no vote.
Yes, the dual position is very common in private companies.
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