Question : In case of changes / modification Investment in Associated after approval of Members, Where are required? Ans. Notice of Directors/ Board Meeting Meeting of Board Notice to Members for EOGM EOGM Board give presentation (a) Why Board wants to make changes in invest (b) New Amount of Investment, if change in investment (c) Change in Rate of Return (interest), if change in interest (d) Change in Duration of Investment, if change in duration (e) Risk Approval of Members 75% (Special resolution must be passed) Now directors/Board can make changes invest in Associated Undertaking
Posted on: Mon, 22 Dec 2014 16:11:17 +0000
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