Easy Office

293(1)(d)

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
04 February 2013 Whether the section is applicable to private limited company whose shares are held by A Ltd(74%) and B lTD (26%.
Profile Image

Ajay Mishra

Profile Image

Ajay Mishra (Expert)
05 February 2013 Hi

If it is a subsidiary of public company then the provisions of section 293 will apply to private limited company.

In your case , your company is subsidiary of A Ltd, so this section will apply on your company.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
05 February 2013 Thank u so much for your reply Mr.Ajay.
This section requires a resolution passed in GM.
In my scenario,the shareholders are only legal entities and in that case how the resolution to be passed.
Can you pls answer this as well.



Profile Image

Ajay Mishra

Profile Image

Ajay Mishra (Expert)
05 February 2013 Hi

Their representatives will attend the meeting and pass the resolutions.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
05 February 2013 Thank you Mr.Ajay
Profile Image

Ajay Mishra

Profile Image

Ajay Mishra (Expert)
05 February 2013 My Pleasure...........

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links