sec. 265
This query is : Resolved
24 July 2010
what is the exact meaning of "Propotational Representation" for the purpose of sec 265 of companies act.
25 July 2010
SECTION 265 PROVIDES THAT AOA OF PUBLIC COMPANY OR PRIVATE COMPANY WHICH IS SUBSIDIARY OF PROVIDE FOR APPOINMENT OF DIRECTORS BY PR.THIS IS FOR PROVIDING REPRESENTATION OF ALL SEGMENTS OF THE SHAREHOLDERS
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