sec 188

Others 195 views 4 replies
exception how related party director can vote in general meeting
Replies (4)
if the company is Pvt Ltd company he can participate in general meeting even he is interested under sec 184 or transaction in the nature of 188.he cannot vote on such transactions
What in case of public company
spice form for companies
in case of Pvt companies ,there is an option given by sec 184 that, he can participate in board meeting but cannot vote on such contracts .However this option is not available in public companies .Coming to general meetings if he is holding shares ,he can vote on any matter even though he is director but once he become interested he cannot vote on such resolution as per sec 188


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