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section 173

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(Querist)
12 February 2009 what is explanatory statement as per sec 173
for form 23 in ROC
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
12 February 2009 This is a statement attached to the notice of meeting in which a business to be transacted are deemed to be a special business. This statement should set out all material facts concerning such item of business, including in particular the nature of concern or interest ,if any, of each director.
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CA Nitin Wadhwani

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CA Nitin Wadhwani (Expert)
12 February 2009 Form 23 is applicable for filing special resolution passed at the general meeting.
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