Shareholder's grievances committee
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 March 2012
Dear All,
Please clarify me whether C of the company can become the CS of Shareholder's Grievances Committee and whether he/she can sign the share certificate in case of transfer of share.
If yes whether any resolution nedded to pass at the committee meeting
Please clarify me whether C of the company can become the CS of Shareholder's Grievances Committee and whether he/she can sign the share certificate in case of transfer of share.
If yes whether any resolution nedded to pass at the committee meeting
16 March 2012
Yes…CS of the company can become the CS of Shareholder's Grievances Committee by passing a committee resolution. This appointment is not equal to change in constitution of committee. Hence no need to pass board resolution and only committee resolution is enough.
In the same committee resolution committee can authorise CS to sign share certificate. But make sure Shareholder's Grievances Committee possess the authority of approving share transfer.
Ankur
In the same committee resolution committee can authorise CS to sign share certificate. But make sure Shareholder's Grievances Committee possess the authority of approving share transfer.
Ankur
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