Board resolution
This query is : Resolved
Rajesh Joshi
(Querist)
10 November 2011
Our Comapny is dealing in real estate. we purchased a land earlier and capatilsed it. But now we want to convert in Stock in Trade. So Please tell me what is the requirement( if any in Company Law) and please give Board Resolution for the same
16 November 2011
Resolved that pursuant to the provision of the companies Act 1956 and the provision of the AOA of the Company the Board hereby decided to convert the Capital Asset.
Resolved Further that Mr.... Director of the company is hereby authorized to do the formalities.
None of the Director is interested.
Resolved Further that Mr.... Director of the company is hereby authorized to do the formalities.
None of the Director is interested.
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