TIME PERIOD LIMIT FOR APPOINTMENT OF MD AFTER HAVING PUC 5 C


This query is : Resolved 

(Querist)
01 July 2009 WHAT IS TIME PERIOD LIMIT FOR APPOINTMENT OF MD AFTER HAVING PUC 5 CRORE

Ankur Garg (Expert)
01 July 2009 Hi,

Section 269 becomes applicable immediately after the allotment of equity share which cause increase in PUC beyond 5 crore.

Hence reasonable steps should be taken to comply with the Section 269 in the next BM held after increase in PUC.

Regards



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