Small Shareholder director

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student
59 Points Posted on 15 April 2010

Can any one tell me whether share warrants are to be considered for the purpose of limit of 20000.

coz share warrants are not considered for qualification shares???/

 

regards

aBHijeet

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On 15 April 2010 at 14:29 Report
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Company Secretary and Compliance Officer
114788 Points Posted on 15 April 2010

Absolute NO.

 

Whole calculation is based on shares and paid up capital u/s 252

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On 15 April 2010 at 14:44
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Mentor at SHAYVIDZ Academy
3756 Points Posted on 15 April 2010

I think, name of the small shareholder must be in the registered of member. So, the share warrants should not be considered for the purpose of limit of maximum 20000/- face value.

  

Please consider the other members view too...

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On 15 April 2010 at 14:54

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