Board meeting related


This query is : Open 

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.

04 April 2016 Thanks mandar...but what if the transaction doesnt fall under section- 188(1)

04 April 2016 Thanks mandar. but what if the transaction doesn't fall under sec- 188(1)


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