sec 314

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31 Points Posted on 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

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On 12 January 2008 at 14:26 Report
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Chartered Accountant
210 Points Posted on 13 January 2008
THE TIME LIMIT FOR APPROVAL FOR SPECIAL RESOLUTION IS "EITHER IN THE GENERAL MEETING AFORESAID OR WITHIN THREE MONTHS FROM THE DATE OF APPOINTMENT, WHICH IS LATER U CAN DO SO
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On 13 January 2008 at 22:16

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