Which of the following statement is correct?
A. The joint shareholders are counted as one member for the membership of a private company.
B. The joint shareholders are counted as one member for the quorum of a meeting.
C. The joint shareholders are always counted as different member for all the provision of the Companies Act.
D. Both (a) and (b) are correct as there are specific provisions to that effect.
Answer:D
Which of the following statement is correct?
A. The joint shareholders are counted as one member for the membership of a private company. B. The joint shareholders are counted as one member for the quorum of a meeting. C. The joint shareholders are always counted as different member for all the provision of the Companies Act. D. Both (a) and (b) are correct as there are specific provisions to that effect.