Passing Board Resolution
Posted By :
Sohil /
Published on :
16-Jan-2023 04:32 AM /
View :
75 /
Comment :
0
Dear All,
XYZ Pvt. Ltd., has two director X and Y. The shares of the company are held by X, Y and Z in the ratio 40%, 40% and 20%, Z is however not a director. The company desires to enter into a contract in which X is interested where a Board resolution is required. How can the Board resolution be passed since there will be only one uninterested Director and Z is not a director?
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Comments : 1
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Published on :
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View :
27 /
Comments : 1
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Published on :
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Published on :
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View :
18 /
Comments : 1
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