Board resolution for sale of machinery
This query is : Resolved
dagadu shankar mane
(Querist)
07 June 2012
Is Private ltd.company required board resolution for sale of machinery? If required under which section of comapny act.
Ajay Mishra
(Expert)
08 June 2012
Hi
Yes, you can do so through Board under section 291 of the Companies Act, 1956 giving general powers to Board of Directors of the Company.
Regards
Yes, you can do so through Board under section 291 of the Companies Act, 1956 giving general powers to Board of Directors of the Company.
Regards
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