Anyone answer this law situation with reference to co. act
CA Ankur Mittal (Assistant Manager @ Reliance Communication) (759 Points)
29 November 2011CA Ankur Mittal (Assistant Manager @ Reliance Communication) (759 Points)
29 November 2011
CS RAJESH C.CHOUDHARY
(ASSISTANT MANAGER)
(14607 Points)
Replied 30 November 2011
Dear Ankur,
If company wants to implement its proposed deal with LUKE, it requires a formal resolution which at present is impossible to be passed especially for increasing the base of shares of Luke. If Luke succeeds in getting the formal resolution passed only then his share can be got increased and the further proposed line of action can be initiated so Mike and Joe cannot be defeated with this trick. Majority of shareholders seem against the proposed action as on day.
All the best.
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GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)