11-25-2011, 04:08 PM
salam
i have a different opinion..
practically, a Listed Co. will gonna float it shares in Stock Exchange so it ll definitely get applications from a large no. of people.. So the Co. will definitely have more than 10 members (to which the Co will allot shares) to held its AGM!!
Moreover, keep in mind Sec 146... Commencement of Business!
So when u read Sec 146 and other relevant Sections of CO 1984, it doesn't seems conflicting as per my understanding..
Regards!
i have a different opinion..
practically, a Listed Co. will gonna float it shares in Stock Exchange so it ll definitely get applications from a large no. of people.. So the Co. will definitely have more than 10 members (to which the Co will allot shares) to held its AGM!!
Moreover, keep in mind Sec 146... Commencement of Business!
So when u read Sec 146 and other relevant Sections of CO 1984, it doesn't seems conflicting as per my understanding..
Regards!