Committee for allotment of shares
This query is : Resolved
06 July 2009
Can one Director constitute a committee for allotment of shares
06 July 2009
Hello,
No you can not constitute a committee for allotment of share with one director only. Reason being in that case compliance regarding quorum would become impossible.
You can allot shares in the board meeting.
Regards
No you can not constitute a committee for allotment of share with one director only. Reason being in that case compliance regarding quorum would become impossible.
You can allot shares in the board meeting.
Regards
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