appicability of sec 297 and 299
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 July 2010
X is pvt limited company.Y is semi government organsiation i.e. MMRDA. Now MMRDA has appointed nominee directors on the board of the X. If some contract needs to be entered into by X with MMRDA pertaining to services provided by MMRDA. In such case whether nominee directors shall be considered as interest in this resolution.
12 July 2010
NO
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 July 2010
Plz. let me know basis of your conclusion.
31 July 2023
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