section 297
This query is : Resolved
06 July 2010
Dear Friends
My Public Limited company needs consent of Board of directors u/s 297 of the companies Act, 1956 but all the directors are interested
can the company take approval of members in place of directors u/s 297?
regards
sanjay srivastava
My Public Limited company needs consent of Board of directors u/s 297 of the companies Act, 1956 but all the directors are interested
can the company take approval of members in place of directors u/s 297?
regards
sanjay srivastava
20 July 2010
Yes, In case there is no disinterested quorum in Board Meeting it need to be passed in General Meeting by Memebrs approval
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