HimalayaHimalaya asked 10 months ago
1 Answers
RaviRavi Staff answered 10 months ago

relatives can acquire more than 1,00,000 face value shares but they need to take corrective action within 60 days from date of acquiring shares
so if relative is holding shares from past many years and even date of appointment CA will get disqualified with no chance of corrective action as 60 days is from date of acquisition and not from date of appointment or date of disqualification