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This query is : Resolved 

18 March 2009
Whether Joint Holder of Shares considered to be a member for the purpose section 297 of the Companies Act, 1956 ?

14 April 2009 Please explain ur query specifically.

If u mean to say that if contract is entered with a Company in which ur Company director is joint shareholder than yes Section 297 applies that too if shareholding of the all the directors is more than 2 % of the paid up capital of other company.

14 April 2009 Please explain ur query specifically.

If u mean to say that if contract is entered with a Company in which ur Company director is joint shareholder than yes Section 297 applies.


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