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Ashish kumar asked 4 weeks ago

Sir please tell me whether the main difference between 140(1) & 140(4) is as follows or NOT;
1. Removal between 2 AGM we follow 140(1)
2. Removal at AGM other than subsequent every 6th AGM (individual) and 11th AGM(FIRM) ,we follow 140(4)

1 Answers
RaviRavi Staff answered 4 weeks ago

140(1) — Removal Before AGM
140(4) — Removal at AGM (Any AGM 1st, 2nd or 5th, 6th etc) yes some times you get exemption if rotation gets applicable but not in each company

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