Is the company bound to Comply with the requisition? Please explain in short?

Question

X, one of the joint holders of shares of a company sent a requisition to The company to split the shares equally amongst him and the other joint Holder, by issuing fresh share certificates.Is the company bound to Comply with the requisition? Please explain in short

Answer 1

If X=ENRON, then no.

Answer 2

Again, I say to you ...... DO YOUR OWN HOMEWORK!!