qualification shares
This query is : Resolved
30 March 2009
Is small shareholder director required to hold qualification shares (sec.270) ????????
If not which section or rule is applicable ???????
If not which section or rule is applicable ???????
03 April 2009
That should be decided as per articles of association of the company. If the company's articles says that to be a director he should hold qualification shares then he should acquire.
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