Board meeting related
This query is : Open
Ajay Kumar
(Querist)
04 April 2016
In a Board meeting of 10 directors 8 were interested of a particular transaction including chairman of meeting...among non interested directors one director voted in favour and other voted against concerned item..how to deal this..
04 April 2016
Assuming your particular transaction falls under ambit of 188(1) than a special resolution to that effect should be passed.
Ajay Kumar
(Querist)
04 April 2016
Thanks mandar...but what if the transaction doesnt fall under section- 188(1)
Ajay Kumar
(Querist)
04 April 2016
Thanks mandar. but what if the transaction doesn't fall under sec- 188(1)
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