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Nomination of shares

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(Querist)
26 September 2012 Whether is it necessary for a private company to have a point on Nomination of shares in its Article of Association.
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Amol S Joglekar

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Amol S Joglekar (Expert)
26 September 2012 Nomination is advised for a smooth functioning of the company in the case of some SAD mishap.
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Neha Kapoor

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Neha Kapoor (Querist)
26 September 2012 So, it means there no such compulsion on the part of company to have such a point in its articles.
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