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[Cites 0, Cited by 0] [Section 245(3)] [Section 245] [Entire Act]

Union of India - Subsection

Section 245(3)(a) in The Companies Act, 2013

(a)in the case of a company having a share capital, not less than one hundred members of the company or not less than such percentage of the total number of its members as may be prescribed, whichever is less, or any member or members holding not less than such percentage of the issued share capital of the company as may be prescribed, subject to the condition that the applicant or applicants has or have paid all calls and other sums due on his or their shares;