In case of regularisation of additional director at AGM, provsions of sec 160 is to be complied. My query is when the director gets regularised at AGM can the company forfeit that deposit money of rs 1 lac?
In case of regularisation of additional director at AGM, provsions of sec 160 is to be complied. My query is when the director gets regularised at AGM can the company forfeit that deposit money of rs 1 lac?
That means if gets appointed as regular director, company has to refund the deposit.
That means if he gets appointed as regular director thn company has to refund the deposit.
R P S K & Associates
Nashik
CA Inter
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Shaswat initial support private limited
Ahmedabad
CS
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Shyam Joshi & Associates
Pune
B.Com
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