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
Ankur Garg
(Company Secretary and Compliance Officer)
(114783 Points)
Replied 15 April 2010
Absolute NO.
Whole calculation is based on shares and paid up capital u/s 252
CourseCart.in
(Mentor at SHAYVIDZ Academy)
(3756 Points)
Replied 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...