qualification shares

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Is small shareholder director required to hold qualification shares (sec.270)  ????????

If not which section or rule is applicable ???????

I read in many reputed books (like munish bhandari) that a small shareholder director need not to hold qualification shares but they didn't maintioned any provision regarding same.

Please clearify........

Replies (2)

Hi

Unless articles provide director need not required to hold qualification shares.

 

Hi Gourav,

You can see the recent discussion on Section-274(1)(g) regarding your query in my profile by clicking my bookmark. Regards

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