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Can a pvt ltd company sell the assets of the company

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 May 2015 Dear All,

A pvt Ltd has 2 direcors and a land is in the name of the Pvt Ltd Company

Now the director want to sell the land of the company and Passess a Board Resolution that they they authorise someone else to sign the selling papers in govt dept

Can they do this,is it legal under companies Act
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Querist : Anonymous

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Querist : Anonymous (Querist)
27 May 2015 if Anyone aware of this please reply its urgent

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