The MD of a company wanted to transfer 50% of his shareholding and the requirement of promoters contribution is not applicable to him.what would be the advice to the MD as to the provisions applicable.
Padma K Bhat (Cost accountant) 23 April 2009
The MD of a company wanted to transfer 50% of his shareholding and the requirement of promoters contribution is not applicable to him.what would be the advice to the MD as to the provisions applicable.
A V Vishal (Advocate) 23 April 2009
What is the type of company, is it a private co or a public company, is it listed or unlisted and what do the articles speak out on the shareholdings of the directors. Further, is the query under the Companies Act or SEBI law. Plz clarify
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