245 - Class Action Suits - Minimum Requirement

Question 1

Co having share capital

Answer 1

• Lower of 1/10th of members or 100

- 1/10th of issued share capital

Question 2

Co not having share capital

Answer 2

1/5th of total members

Question 3

Depositors

Answer 3

• 1/10th of total depositors
• 100 depositors
• Such other depositors to whom co owes such % as may be prescribed.