20 October 2011
As per Section 3(1)(iii) Second Condition will no. of member(50) do not include member who become member BEFORE he come in employment with the company.
20 October 2011
DINESH ABOVE STATEMENT IS NO CORRECT...IT NOT INCLUDE PERSONS WHO ARE EMPLOYMENT IN THE COMPANY AND PERSONS WHO WERE MEMBERS OF THE COMPANY AFTER EMPLOYMENT CONTINUED TO BE MEMBER AFTER CEASE OF EMPLOYMENT.