Reg. appointment of director

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Saurav (Querist)
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22 April 2012 Hi, I have a problem. A director of a public limited company is retiring. X, who holds one share, proposes to nominate Y for the position of the director; while Z, who does not hold any share, proposes to nominate himself for the position of the director. Would both the nominations be considered in same way?

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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29 April 2012 Go through the AA of the company. Generally it is compulsory to hold qualification shares and those those who does not own any share cannot be nominated as director of the company

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