Scope of s.100 of companies act, 2013

This query is : Open

Mohit Mittal (Querist)
Follow

03 July 2015 Whether a requisition can be taken up for stopping the promoters from interfering in the day to day activities of the companies.

Ankur Garg

Ankur Garg (Expert)
Follow

03 July 2015 Section 100 gives a right to directors and shareholders to call EGM for specified matters.

So members can call EGM in case board fails to do so on their request.

Passing of resolution in EGM is a different matter.

Thanks

Mohit Mittal

Mohit Mittal (Querist)
Follow

04 July 2015 Respected Sir,
Thank you for considering my query. But I need to ask whether the shareholders can ask for restricting the role of director in the day to day functioning of the company.

and

another aspects is
if the someone has challenged the allocation of shares and thereafter, asks that shareholders only to sign the requisition only. whether valid if the one party has challenged