Question

Reliance Industries Ltd. has its registered office at Mumbai. The company desires to hold an extraordinary general meeting in New Delhi in order to remove Managing Director from office, where 40 out of 100 members of a company submitted a requisition for holding of an EGM. On the failure of the company to call the meeting, the requisitionists themselves called the meeting. Explain the validity of resolution in view of relevant provision of companies act. Cite the case. (5 marks)

Answer 1

here is your answer ma'am