sec 314

reena (42 Points)

12 January 2008  

hi

friends

my question is

a orivate limited company increases remuneration payable to non executive directors by accounting entry on 31st day of march and according to sec 314 of the companies act special resolution will b e required

can it be done as

firstly board approves it in its meeting on 31.03 and then after that go for shareholders approval in EOM

reena