SUBSEQUENT RESOLUTIONS
This query is : Resolved
23 December 2008
I HAVE PASSED ONE BOARD RESOLUTION FOR PRIVATE PLACEMENT IN SHARES OF OTHER COMPANY IN JAN 2006
DO I HAVE TO PASS THE SAME AGAIN AND AGAIN WHEN IN AM APPLYING FOR PRIVATE PLACEMENT
PLEASE CLARIFY.
DO I HAVE TO PASS THE SAME AGAIN AND AGAIN WHEN IN AM APPLYING FOR PRIVATE PLACEMENT
PLEASE CLARIFY.
23 December 2008
Mr Sumit
U can go through the section 292(1) (d) of the companies act 1956.. It says u can give blanket approval specifying the amount to the Board. Other wise u should give specific approval again and again..
rgs
Vivek
U can go through the section 292(1) (d) of the companies act 1956.. It says u can give blanket approval specifying the amount to the Board. Other wise u should give specific approval again and again..
rgs
Vivek
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