02-06-2007, 04:41 PM
First clear the third one
The articles of the company will give the procedure for election, if the number of directors who give application are less than the number set by directors...
If no procedure is given in articles, then the directors will call a general meeting to reduce the number of directors and elect all giving application...
Please specify, that in what perspective u r asking abt fractional shares. Regarding election of directors or any other perspective...
I will then give u a relevant example...
The articles of the company will give the procedure for election, if the number of directors who give application are less than the number set by directors...
If no procedure is given in articles, then the directors will call a general meeting to reduce the number of directors and elect all giving application...
Please specify, that in what perspective u r asking abt fractional shares. Regarding election of directors or any other perspective...
I will then give u a relevant example...
