Question

What does Special Right under section 378ZC means under

Q: Answer- What does Special Right under section 378ZC means under Companies Act?

Section 378ZC.Special user rights ExplanationmdashFor the purposes of this section, the expression ldquospecial rightrdquo means any right relating to supply of additional produce by the active Member or any other right relating to his produce which may be conferred upon him by the Board.

Companies Act?

A Any right relating to the supply of additional produce by the inactive Member

B Any right granted to an inactive or active member for participating in board meetings

C Any right granted to members to purchase additional company shares at a discounted price

D Any right relating to supply of additional produce by the active Member or any other right relating to his produce which may be conferred upon him by the Board

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What does Special Right under section 378ZC means under

Solution