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If a member of the board offers to sale his shares to other members, can the board ask such member to resign from the board before valuation of shares is done?

Section 28- Offer of sale of shares by certain members of a company.

Posted By: Milind 9 year(s) ago

This question has been closed if you want to answer,you have to re-open.


    Ankush Lawate

No...can not be asked to resign even after valuation of shares or transfer of shares.

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Expert    Ankit Singhi

No

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