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Name of bank entered in register of members as holder of shares - Whether such holding of shares will have to be taken into account for the purpose

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Full Text of the Document

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....unt for the purpose According to section 224A, a special resolution is required for appointment and reappointment of an auditor in the annual general meeting of those companies in which not less than 25 per cent of the subscribed share capital is held whether singly or in combination by public financial institutions, nationalised banks, etc., mentioned in that section. A question has been raised ....