TMI BlogMembership of the private company exceeded 50 or not - joint share holdings - exclusion of employee...Membership of the private company exceeded 50 or not - joint share holdings - exclusion of employee quota - The submission that such employee quota share does not remain as employee quota or that there is no bar for transfer of such shares by the employees under Article 59 of the Articles of Association, cannot be accepted - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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