Is there any provision such that Alternate Director should be a shareholder?
Is there any provision such that Alternate Director should be a shareholder?
No dear. There is no such provision. Section 313 deals with Alternate Directors.
there is no such provision in company act. however if AOA of company required an alternate director to hold qualification share then he has to hold those shares.
No such provision in Section 313
No such provision in Section 313
Aggarwal Sarawagi and Co
New Delhi
CA
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Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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