Disclosure u/s. 308
This query is : Resolved
Shreemohan Daga
(Querist)
19 February 2010
I want to know whether Disclosure u/s. 308 is to be made at first board meeting of a pvt. ltd. co. where only two directors are present who are also the subscribers to the memorandum?
Thanks.
Thanks.
Ankur Garg
(Expert)
19 February 2010
Hi,
Section 302 does not prescribe any time limit with in which a director shall give notice to the company disclosing his shareholding.
Hence you may go with the interpretation mentioned by you.
Best Regards
Section 302 does not prescribe any time limit with in which a director shall give notice to the company disclosing his shareholding.
Hence you may go with the interpretation mentioned by you.
Best Regards
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