Disclosure of interest
This query is : Resolved
Naga Durga Rao
(Querist)
12 March 2015
If a company has two directors, both are related and having interest in a particular contract. Then how can the contract can be entered.
Because interested director cannot be participated in the transactions.
Because interested director cannot be participated in the transactions.
12 March 2015
then only and egm should be conducted and shareholders must approve the contract
Naga Durga Rao
(Querist)
12 March 2015
Sir, Both the directors are the shareholders of the company, then what is the solution for that.
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