Small Shareholder director

Others 474 views 2 replies

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

Replies (2)

Absolute NO.

 

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

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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